LUNA TERRA CLASSIC USD CUP & HANDLE BULLISH MOVE TARGET $.00054LUNA has formed a cup and handle after its bounce from the death drop. There has been some serious interest in LUNA CLASSIC these day by big whales. Wallet activity shows a lot of accumulation and some by big wallets. One wallet has been accumulating large amounts and depositing it into a wallet owned by Binance? This is a direct copy and paste from part of the article.
This wallet accumulated around 8.5 billion #LUNC and dumped it all into the 2.6T wallet that I hear belongs to Binance. After dumping that it has since started accumulating again and is currently holding over 700M. Is this Binance loading up??🤔🤔Although it was not confirmed whether the receiving address belongs to Binance, the exchange’s CEO CZ confirmed a few days ago that a burn is necessary. This might point towards better times ahead for LUNC if its supply reduces significantly courtesy of a token burn.LUNC has other things going for it. For example, outflows from its supply held by whales bottomed out at 43.57% on 12 June and increased to 43.78% by press time.
This confirms that whales have been buying LUNC in the last three days, thus the bullish pressure build-up. In fact, the volume also saw a significant increase over the last 24 hours of 15 July.
Now just imagine this for a second. Imagine CZ who is salty about losing billions from Luna crash is actually buying up the excess trillions and then BAAM he makes a post and says I'm going to burn 4 trillion coins in one day. Imagine the hype around that and the respect from the LUNA community he would get if he did something like that. He would also probably make many more billions in profits than he lost if he did that. Then the consistent burn of 1.2% and LUNA could easily see $.10 in the nearer term and single digit dollars over the longer term and then perhaps way down the road when LUNA has redistributed and gone through its boom and bust cycles and the burns have brought supply back down to the hundreds of millions or billions LUNA could see double digits and triple digits. Sure this is all hypothetical but thats how big money is made when you go from a hundred dollar investment to a millionaire. Don't think its possible, go talk to some of the DOGE millionaires and SHIB etc. There is tons of them. Anyways I wish you all the best of luck. LUNA for me is a no brainer. I'm loading up. This is not financial advice this is just my opinion. Thank you
LUNCUSD trade ideas
LUNA 1.0 / LUNC Breakout LUNA 1.0 just broke out the bull flag. This is a 12 hr chart but the bull flag breakout is also on the 2-day chart which may indicate a bullish trend longer than a couple days.
LUNA 1.0 / LUNC 2 Day Chart breakoutLUNA 1.0 just broke out the bull flag . This is a 12 hr chart but the bull flag breakout is also on the 2-day chart which may indicate a bullish trend longer than a couple of days.
LUNC/LUNC 1.0 Snake/Bull Flag 12hrI prefer using the bars to identify patterns. I see a snake looking bull flag that looks kinda cool. Volume is low.
Enjoy the entertaining animal design.
crazy long lunc ideasome supports and resistances for ya.. been a while since my last TA. felt this was an interesting gamble plan accordingly. i feel we have yet to go parabolic. also if ur interested in lunc longs then GO GET UST as well. this is a pretty short time frame as well.
LUNC/LUNA 1.0 Bearish RSI DivergenceLUNC/LUNA 1.0 is gradually approaching a double top and I suspect a reversal in price action for more support. Overall this assist still appears bullish the next weeks to come.
LUNAC Symmetrical Triangle HourlyLUNA has formed a beautiful symmetrical triangle on the hourly timeframe
This will likely lead to a break out to the upside for the bulls
LUNA's plummet in my eyes is considered an overreaction
LUNA LUNC USD : LUNA + MATIC FRACTAL, LUNA COULD EXPLODE FAST!FOLLOW, LIKE, AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU.
LUNA CLASSIC Has had some new developments come into it over the past couple of days. Starship the largest Metaverse by size will be incorporating LUNA Classic into their project. LUNA will be used for payments in the Starship Metaverse, and from each payment 1.2% of the Luna will be burned. Depending on how big and popular this metaverse will be this could be huge for LUNA classic holders. The price of LUNA Classic will continuously go up over time because of the burn rate. Luna could eventually reach 1 dollar again in the not too distant future, maybe a few years or less and continue to rise as the supply of Luna is constantly decreasing. All it will take is another project to accept luna in the same way and burn as well and the supply of luna will go down rapidly, in turn increasing the price rapidly. I don't know what will come of this but with these new developments I will be buying into LUNA again and holding for the longer term. The risk to reward here is a no brainer at this point. I mean LUNA really hit people hard and it sucks, but this may be the driver and the catalyst for LUNA Classic to explode. If the community takes over LUNA and then DO KWON is found guilty of the crash etc, then his new LUNA 2.0 will crash to nothing and every project and platform on the LUNA 2.0 chain will migrate over to LUNA Classic because no one wants to support a crook. This could be massive my friends and this could be a once in a lifetime opportunity here. I sold out of LUNA back when it hit 12 cents and I said I was done with it but now with these new developments I believe LUNC has a chance to take off and get back into the dollar figures in the future. If 10 companies/projects work on LUNA Classic and all are burning coins the supply of Luna could rapidly fall and LUNA could be in the single digit billions supply fast.
In the chart you will see a fractal from MATIC Polygon that is really similar to LUNC. After this rally/pump we may see another big drop and then off to the races. Matic dropped 70% in one night back in 2019 and no one knew what happened, and people were calling it dead, pump and dump, similar to LUNC. Matic then went on to rally from about $.01 cent (one cent) to $3. That is a 300x gain. $1000 bucks right now will get you about 8 million LUNC. Imagine if LUNA gets back into the dollar digits, you'll be kicking yourself for not spending a few bucks at these levels. Look at what happened to DOGE holders, multiple millionaires and a couple billionaires were made, and thats just one example of recent, there is hundreds of them. I am supporting this new LUNC community because not only do I believe it will thrive again, but also because I want people who lost everything to be able to get their money back some day, my heart aches for them. Good luck out there my friends and thank you. This is not financial or trading advice this is just what I am doing and my opinion.
BELOW IS A DIRECT COPY AND PASTE ABOUT THE NEW DEVELOPMENTS ON LUNA CLASSIC
StarShip is a quickly growing ecosystem built around a solid foundation of collaborative, loyal businesses and passionate community members. Their whitepaper opens with the statement that “community is at the heart of currency”, and the vibrant culture of partners and projects surrounding the StarShip NFT Game and StarShip’s strong liquidity pool pairings are already a testament to their dedication to this mission.
Recently StarShip unveiled a trailer featuring actual in-game footage of what will be the largest metaverse in existence to date. Built on the powerful new Unreal 5 engine and boasting 32,000 square kilometers of buildable space, the size of this MetaUniverse will allow room for unparalleled long-term growth and opportunity. As a result of LUNC’s new collaboration with StarShip, LUNC will be implemented into the StarShip ecosystem as one form of payment within StarShip Universe, burning 1.2% of all LUNC received for these payments.
In related news, the 1.2% burn tax mechanism put forward in LUNC’s Prop 3568 was successfully passed on Sunday. This will begin to reduce the supply of existing tokens as they are circulated, which comes as great news to its loyal holders. Finding a strong use for LUNC comes at an opportune moment. As StarShip welcomes the Luna community, this collaboration strengthens the foundations of both ecosystems.
LUNC Luna 1.0 1Day Chart Where is the double bottom? I don't see one here yet for LUNA 1.0/LUNC, so one can surmise a future double bottom formation, however, I see an ascending wedge pattern forming to further this theory.
Short-Term Neutral (5/10)
Medium-Term Strong Down (1/10)
Long-Term Strong Down (0/10)
Alternative LUNA 1.0 Chart AnalysisAlternatively, LUNA 1.0 can turn Bullish in a situation where BTC loses dominance and an alt coin season begins.
MACD Bullish
RSI Bullish
Did anybody notice that Luna? Has a lower Total supply than ShibHas anybody noticed that even with the crazy printing of Tarra luna It has a lower total supply than Shiba Inu.??
LUNC/USD Daily TA BearishLUNC/USD Daily bearish. *The case for a LUNA or LUNC recovery is getting weaker every time more questions are asked. The SEC is in the process of investigating the issuance of synthetic securities through Mirror Protocol and are now investigating Anchor Protocol (the UST depeg crash). FatManTerra from the Terra Research Forum followed the money and claims that even though TFL says LUNA (2.0) is 100% community owned, they still own 42m LUNA . And former Terraform Labs employees are now saying that Do Kwon either sold (or sent to a private wallet) $80m of LUNA a month leading up to the hack . Recommended ratio: 0.5% LUNA, 99.5% Cash. Price continues to trend sideways below $0.0001 as negative news just continues to pile on Do Kwon and LUNA/ LUNC. Volume remains High (low) and fairly balanced between buyers and sellers, indicating that interest is still there. Parabolic SAR flips bearish at $0.06, this margin is neutral at the moment. RSI has been flatlining at 14.25 for 30 consecutive sessions now. Stochastic is currently crossing over bullish at 84, the next resistance is max top. MACD remains bullish and is currently trending up slightly at -6.51; it is still technically testing -8.46. MACD is currently trending up slightly at 73.57 as Price continues to trend sideways below half a cent, this is bearish. If Price is able to break out above $0.001 then the next likely target is going to be a test of $0.01. However, if Price continues breaking down then it will likely fall closer to 0. Mental Stop Loss: (two consecutive closes above) $0.0001.
Luna Classic FTWTrading view doesn't have Luna's classic chart working, so disregard the image above, I just needed to publish my prediction.
Since the charts aren't working for luna classic, we are all flying blind. I've managed to scrape together my indicators on the Kucoin chart since it's the only one I can find currently.
Applying RSI, HV, S A R, Ichimoku, EMA 10, 30, 50, & 100, I've come to the conclusion that Luna classic will moon if it reaches 0.000155 by 1:55 AM EST.
Not financial advice.
LUNA - THE TRAGIC CRASH OF A CRYPTOCURRENCYAt support Luna had to already react, make retests and hold the support levels whether in sideways direction or V shape recovery.
There are no signs of this. This is the Cryptocurrency's END.
DIVERGENCE SHOWING ON 2HRI believe there is Divergence showing on the 2hr chart. This combined with a possible breakout of the falling wedge, also adding Luna's recovery plan. Could be a good signal. IF we can hold above the .00012 resistance line. If not be prepared to run. LUNA has failed. This is no way financial advice. I am completely new to charts, Self thought so please be easy on the constructive criticism. Let me know what you think. Hopefully Luna survives the next 12-24 hours. Good Lucky!!!!
TERRA LUNA - Update! Still Waiting On 10x then death drop!Luna has found some solid support between .00016 and .00018 for now. The breakout is still going to happen I believe. Stochastic RSI has a fresh cross up on the bi hourly and on the 12 hour the stoch RSI is coming up with a fresh cross from the bottom and bbwp volatility is expanding on the 12 hour. Just be patient and be ready to get out cause once this run starts it will be quick. Good luck out there. This is not trading advice just my opinion, follow me if you like this content and give me a thumbs up. Thank you
TERRA LUNA - Update: 1000% Move In Progress, Triangle Broke UP!This is an update to my previous analysis, go check it out from yesterday. LUNA has broken to the upside of the symmetrical triangle, and is now testing the top trend line of the triangle after the break as support, like I predicted yesterday. Volatility is expanding and a big quick move is under way. A technical measured move is shown by measuring the top of the beginning of the triangle to the bottom of the beginning of the triangle with a close to 1000% gain, as I show in the chart. My target yesterday was about .003, which was a little bit of an overshoot possibly. I believe that at least .002 will be hit from here and perhaps a blowoff of .0025 to .003 is possible with all this volume. Many people are also buying LUNA now and holding in hopes of getting rich which will drive the price up more. We should see this move completed by tomorrow afternoon or evening before coming back down and testing around .00028ish at that point we will revisit and see what LUNA is up to.
Im selling at .002, .0025, .0027, .0028, .0029, .003, and I have one sell order in for .0035 for that potential blowoff.
Thank you for checking out my chart, please leave a comment below and let me know what you think. Follow me for more updates. This is not financial trading advice just my opinion. Good luck out there!