Sellers are drying up. I won't sell it
This may keep going? Now where are we?
Target-1 = $ 0.019
(not financial advise)
Technical Section:
5-3-5
USTC
Luna Classic: Bearish 5-0 on the Daily LUNC if Breaking Below the 89 Day EMA while showing MACD Bearish Divergence on the Daily after Two very weak Attempted Rallies towards the PCZ of a Potential Bearish 5-0 and now it looks to recover the gaps below the sub one-ten-thousandths level.
I thimnk it Could go as low as 47 Millionths but i will mostly be targetting the zone between 72-55-millionths
LUNA Classic: Bullish Bat PCZ at Congestion ZoneLUNC was sent down to this support level after breaking through the B level of the Bullish Bat and confirming the breakdown with a Bearish 5-0, as seen here:
Even as the rest of the market has risen, LUNC continued its downward path to the support zone, and now, just as the rest of the market looks like it wants to take a break, LUNC has finally settled down within the support zone and has formed two levels of MACD Bullish Divergence as the RSI went to the oversold zone.
We might see LUNC do something that it has done in the past, which is to rally during a time of macro slowdown, as that's what the chart is implying right now.
A Golden Opportunity
This is consolidation before the big move. Explanation on chart.
Target-1 = $ 0.029 (+50%)
BUY Signal USTC/USDTRetracement cycle has been completed as indicated by the strong double bottom at the most recent lowest lows..
Expecting the next profit target to be $0.0372
Enjoy a safe entry level for your long position.
LUNA CLASSIC - DAILY ANALYSIS (BULLISH)Conditions in the LUNC market have been stressful for several months.
Many traders at LUNC have experienced liquidations in recent weeks.
I think this desperation has bottomed out and the big players are on the move.
I'm starting to look for a similarity between today (2/24) and the day before the big bullrun (August 21, 2022).
As for me, I am strongly bullish.
How Much Crypto Should Be In Your Portfolio?
What I myself am doing ( if one of your investments loses money, the other investments can make up for it)
Technical Section:
WXY (5-3-5 , 3-3-5 , 3-3-3-3-3)
Primary: Wave Y (larger degree),
Intermediate: Wave d,
Target-1= $ 0.041
Target-2= $ 0.11
MA200 (Support)= $ 0.0285
LUNA LUNC USTC Poised to BreakoutWhile analyzing any crypto its important to see its use cases and potential growth factors. LUNA is consolidating for long period now and half of the supply is locked for a long period + starting from next month expect 25% supply to be locked due to alliance module release. For more details see there twitter about alliance module etc. Feather is also launching next month which is like launching your own blockchain in minutes as LUNA will be providing you all infrastructure in a one go for details check their website.
As there is little bad reputation attach to it in past and now. To make it successful by any means is the only way to survive otherwise gameover.
Expect it to rally very soon. Little percentage of the crypto portfolio could yield you unimaginable gains or little profit. To survive expect big big LUNA rally
One of the key features of the Terra network is its support for decentralized applications (dApps). dApps are applications that run on a blockchain and are not controlled by any central authority. The Terra network provides a platform for developers to build dApps that can provide financial services to users, such as lending, borrowing, and remittances. By providing a platform for dApps, Terra aims to increase access to financial services and bring more people into the global economy.
100s of more dapps and many services are in pipeline expect there release in middle of next month which would lay the foundation of LUNA back to its throne where it left.
In conclusion, the technical analysis and fundamental analysis of LUNA suggests that the asset may have strong potential for future price growth. The MACD indicator indicates a potential bullish trend. Additionally, the increasing adoption of DeFi platforms and the growth of the Terra network may also drive the demand for LUNA.
$LUNAUSDT #LUNC #crypto #bitcoin #USTC #cardano #binance #gold #dji
Want to take risk for unimaginable gains or want to leave its totally up to you.
USTC Coin Triangle Pattern Analysis: Potential Breakout Ahead?USTC Coin is currently forming a triangle pattern on the chart, with the base of the pattern around 0.017 and the upper line of the triangle at 0.04. If the coin breaks above 0.05, it may have a retest at that level and could potentially reach as high as 0.2$. As always, traders should keep in mind that technical analysis is just one tool in their arsenal and should not be relied on solely. It's important to consider fundamentals, market sentiment, and global events that may impact the asset's price. Stay disciplined and have a well-thought-out risk management plan in place.
USTC/BUSD- Good chance of a breakout moveSemi fractal play, I think a lot of alts have done 1-2 moves, greyscale btc is popping so some green days seem likely at least in the short term , this has been pretty parabolic in the past with not much of a discernable wave 3 top just 1-2 then vertical 345 so we could get a move something like this
clear that the price action is repeatzoom in and look
It is very clear that the same price behavior will be repeated. The difference in the driving force between the waves and its correlation with the time period.
The stronger and larger the wave, the longer the correction will take
But it is clear that the correction every time has the same consequences as the one before it
Bearing in mind the trading volumes that negate the bearish trend and confirm the bullish trend.
Even the RSI is showing the same behavior as the previous waves
I expect a rise in the currency in the coming weeks if the market situation improves a little
We are witnessing a new peak breaking through the previous one
If the current support is broken, the analysis fails....
USTC Triangle FormationTriangle chart pattern brewing up on USTC, either bound by resistance on R1 or R2. Breakout from triangle with R1 gives price target of $0.035, R2 gives $0.0315. Should coincide with inflation data.
What is this telling us?
As shown on this chart, there are many traders, competing against one another.
as you know, this game can't last forever, so,
As calculated by Wyckoff's point and figure:
Target = $ 0.1779
The Last Ratio (Fib 61.8%)
As you know, the Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, 78.6% and 85.4%.
As shown on this chart, in a lot of ways, wave b depends on wave a, Fib 85.4% -$ 0.0205 , the actual price at wave b was $ 0.021, quite close indeed.
&
(Fib 85.4% to Fib 23.6 to Fib 78.6 to Fib 38.2 , trying to disguise what they are doing)!
as a result:
The Game is about to Change (The Last Ratio - Fib 61.8%).
Three Distinct SectionsAs shown on this chart (consists of three distinct sections),
1-Impulsive decline = supply > demand,
2-Impulsive rally = demand > supply,
3- Sideways appearance = supply and demand are nearly equal.
What to expect next?
At this point, low volatility and low volume indicate a drying up of selling pressure.
Target
Point and Figure Configuration:
Just a little ustc chartUstc looks to have good momentum waves on the vumanchu B indicator, lets see how that plays out.