LUNCUSDT
Symmetrical triangle
Hey Traders,
a symmetrical triangle is a continuation chart pattern (after the triangle completes, the price will continue in the trend direction it was moving before).
Luna Classic 🌓 🌔 🌕 Hello Traders,
today I would like to analyze Luna Classic by plotting Fibonacci's Logarithmic Golden Spiral on the chart to identify on a daily timeframe what might be medium-term price targets.
❓First, what is the fibonacci spiral? ❓
I love to use this quote when I talk about it :
"The golden spiral is a pattern created based on the concept of the golden ratio—a universal law that represents the “ideal” in all forms of life and matter. In fact, it’s often cited as an example of the connection between the laws of mathematics and the structure of living things. The more we understand the math behind the symbol, the more we’ll appreciate its appearances in nature and arts. "
🔴Target levels are marked in red by the horizontal lines on the chart while support levels are marked in green.
🔴Also I would like to add that the vote passed on the burn transaction tax mechanism on Luna which means that each transaction will add a 1.2 % tax and the amount taxed will be burned to lower the total supply; this mechanism will allow Luna to burn up to 10 B ( at this amount will stop ) in about 800-1200 days based on an average previous 24H volume.
🔴 Interesting is the data on Binance which is accumulating Luna ( seems they hold 40-46 % of total supply currently )
🔴 Summarizing the targets/resistances in order :
➡️ 0.00022
➡️ 0.00024
➡️ 0.00029
➡️ 0.00037
➡️ 0.00050
➡️ 0.00070
➡️ 0.0010
❌ Some financial stats according to CMC ❌
❇️ Market Cap
$861,201,854
❇️ Fully Diluted Market Cap
$910,907,485
❇️ Volume 24h
$466,631,760
❇️ Circulating Supply
6,556.67B LUNC
❇️ Total Supply
6,906,229,037,364
Before investing or buying DYOR
LuncUsdtHello friends ,
I think the trend line is broken.
To trade, observe the loss limit...
Good luck...
LUNC 1 hr chart... not much but enough to see short termLUNC 1 hr chart...the reason for the 1hr time frame
is bc there is hardly any data on this new asset...
Strong community which is great but lets see
what we have here. Stoch RSI is pretty high
sitting above 80, so if this can cool off between
.00008559 and .00008067 and then make a move
up into the first consolidation zone, that would be a
nice bullish move. supports and price targets
are the yellow lines listed.
LuncUsdt 4HHello friends ,
I did not pay attention to the higher time frames in the previous post.
According to the classic pattern formed in the 4-hour time frame, we can expect the price to increase, so I suggest buying.
Even in the half-hour time frame, it seems bullish at this moment.
Observe the loss limit.
Good luck...
Update-1
Hi everyone. A Possible scenario is shown in the chart
Target = $ 0.2
Check out my previous analysis (Bullish Exhaustion Gap)
Cup And HandleHey Traders,
UST seems incredibly bullish . A Possible scenario is shown in the chart.
Cup And Handle Pattern:
1- The Cup and Handle is a bullish reversal chart pattern.
2- Cup and handle patterns can happen on both daily and weekly charts.
3- Take-Profit (final): When the price reaches an increase equal to the height of the cup ($ 0.062)
Target = $ 6 (Take a chance!)
Hi everyone.
As you know, LUNC backs UST and is burned when demand for UST rises, as a result:the true correlative of “LUNC” is “UST”.
Lunc (intrinsic value):
$ 120 *(1/20) =$ 6 (the live Terra Classic price (Lunc) today is $0.000077 )
(Take a chance!)
LUNC
🔵leverage -----> ×10
___________________________________
🔴Stop Loss ------» 0.0000743
⚪Entry price -----» 0.0000655
___________________________________
🟢targets
---------------------------------------------------------
risk rate (+3:1-)
⚜️ Good luck everyone ⚜️
LUNCSo far, the profit rate has reached +22% , within 16 days , This is a message for everyone who said it was impossible that it would land 👑
LUNCUSDT FIRST BUYING SPOTLooks good to trade the corrective wave
impulse move is very strong so the corrective phase could also be same as the impulse
lets wait and see what the marker does
Terra Classic LUNC short Entry Range, Take Profits and Stop LossLUNC/USDT short
Entry Range: $0.00007220 - 0.00007920
Take Profit 1: $0.00006500
Take Profit 2: $0.00005600
Take Profit 3: $0.00004550
Stop Loss: $8841
LUNC (Luna Classic) SHORTS ALL DAY!To zerooooo! Don’t get scammed by eternally buying the dip, it’s a dead project.
LUNCUSDT | Time for Correction?If we believe that the 5th wave has been completed, then we may be due for correction. The last time LUNC was this oversold, it jumped for more than 100%. I will be longing here.
Please do your own research. This idea is not to be considered financial advice. May YeHoVaH bless you.
