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LUNCUSDT Perpetual Swap Contract

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LUNCUSDT.P trade ideas

LUNC daily 3 line strike!!On the daily chart we have a confirmed bearish 3 line strike pattern confirmation. Don't let the name fool you it's actually a bullish pattern. The 3 line strike is a reversal pattern normally appearing at the end of a trend. We should be poised for more upside in the coming days and weeks as this marks the possible bottom for LUNC. The RSI on the daily has came off the massive overbought territory and has now creeped back into the bullish control zone. The MACD is also showing hidden bullish divergence
Long
by bitcorns-trader
2
Finish Them!!Hello friends. Dopamine junkie lottery ticket chasers do not have a long attention span. Once they buy a coin, what are their options? They have one. One option. Sell. The only real factor is WHEN they sell. What are the odds they sell any given lottery ticket coin if it does nothing but fall for a week? 2 weeks? 3 weeks? We will illustrate it with the Optimism Scam Coin, which also had a similar hype cycle where retail gamblers purchased coins for $2.00+ at the peak and we shorted it. 1 week from the top: the price fell down 34%, as many of the extremely low-end attention span gamblers sold out to find a new lottery ticket. This selling is also stronger because holders may panic sell when the price starts going down initially 2 weeks from the top: the price fell down only 20% since the medium attention span gamblers still needed to sell. It fell slower since there are fewer medium attention span gamblers than there are short attention span gamblers 3 weeks from the top: the price fell only 2% because almost all of the gamblers had sold by now This chart shows us that within 3 weeks, gamblers have likely become bored with an asset and sold. 23 days into the decline, the OP token formed a short-term bottom because so many gamblers had sold that there weren't many left to sell it lower. The price bounced up 50% in a short 14-day period and many of the gamblers who had sold decided to buy back. Now that there were fresh sheep for the slaughter, the price went lower quite quickly. LUNC did not greatly deviate from this structure. In the first week alone, the price fell by 58%, as many of the low attention span gamblers either got bored or panicked. The second week was only a lackluster consolidation move where price did nothing at all. Then we had a news event that there was a "Red Notice" to locate and arrest Do Kwon, the creator of this scam coin. This caused some more of the holders to panic sell. The market manipulators who know this burn doesn't matter are going to use this event to sell off as many LUNC coins as possible before it's too late and the gamblers start selling. Because of this news event, many "fresh" gamblers have bought into the scam. Since they just now bought, their attention span clock is reset. As we have demonstrated, this means that at first, we will have a very strong and momentous selloff as the low attention span ones sell-off, and then we will have an increasingly slow and boring decline as the clingy cultists throw in the towel one by one. The title is misleading. We don't need to finish them. They will finish themselves. We couldn't stop this if we wanted to. All we can do is watch. This chart reminds us of a great quote from Margin Call. “You know, the feeling that people experience when they stand on the edge like this isn't the fear of falling; it's the fear that they might jump."
Short
by bowtrix
4
Terra LUNC | Last chance to sell before it crashes again! LUNC now offers an amazing opportunity to sell your coins before it crashes again, which is really great! Also, you can enter a short position on the futures market to profit from this upcoming move to the downside. This chart is definitely not bullish. I see a big bearish downtrend that is in progress. The price is clearly moving in the parallel descending channel on the 4h chart, so theoretically we can still go up a little bit. According to my Elliott Wave analysis, the first impulse wave has finished and we are in an ABC correction followed by another impulse to the downside. My target is 0.00012000 USDT, then maybe we can start a brand new uptrend to new all-time highs. It's possible, but I am not buying anything named LUNA, LUNA2 or LUNC. In my opinion, the volatility will go down and the price will go down slowly. Forget about LUNC, you are too late for the bull party. If you are a lover, buy it lower. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
65
TERROR LUNA CLASSIC In Freefall Down to .00013 Wicks to .000088LUNA classic has been in free-fall since reaching its high. It broken through all major support and the downtrend continues. There is a drive of hidden bullish divergence on the hourly so a bounce today and tomorrow up to .00026-.000275 is possible and likely before being rejected at resistance again and continuing its downward journey. There is no real support after .0002, so once .0002 breaks and we get into the .0001's then the panic selling will occur and we will drop fast down to the next major support around .000144. I don't think .000144 will hold for long before LUNA slams down to really strong support around .00011. A stray wick could push down to as far as .000095-.000089. This is not trading or financial advice this is just my opinions and speculations based on TA and FA of my own. MACD ON THE DAILY : STRAIGHT DOWN RSI ON THE DAILY : STRAIGHT DOWN
Short
by Bitgolder
22
LUNA CLASSIC LUNAC Breaking News For LUNA! BINANCE NO BURNS!There was a live AMA just a few minutes ago with CZ of Binance. He just smashed everyone's hopes of off chain burns, and Luna is now dumping. No trader in their right mind would ever trade Luna with that type of burn. Cant steal from Peter to pay Paul. I told you guys this would happen, and if I was you and I was still holding bags, then I would take profits now before Luna dumps down to .00008 and everything is lost. There will be heavy selling coming soon. Once Luna breaks .0002 then everyone will get scared and dump at the same time. Luna burning at the rate its burning now on chain will take 20 years to burn down to 10 billion. If CZ of Binance is not going to support the off chain burns then no one with any decent volume will either. Hype is over, time to move on to the next hype coin! We broke support and next support is down at .00014 on the 4 hour and then .000085. I hope everyone is able to take some profits before this thing hits the floor. They should have named this coin TERROR LUNA for how much its terrorizing people. I wish you all the best of luck. This is not trading advice, this is just my opinions and speculations. Thank you
Short
by Bitgolder
31
DisgustingLuna Classic long side speculators are absolutely disgusting, and unimaginably pathetic. These fools watched a 40 billion dollar market cap collapse to ZERO because of a ponzi scheme mechanic manufactured by Do Kwon, and are now speculating WILLINGLY on a token created by the SAME PERSON. This is sort of like if your business partner stabbed you in the back and stole 40 billion dollars from you, but you decided it would be a good idea to start a new business with the same person just a week later because they promised that "they had changed" and that "this time will be different". Well, I will be the bearer of bad news for you, if you are a "Lunatic" (accurate word). This time is not different. Do Kwon has not changed. Really it is my belief that people are essentially static 99% of the time, and cannot change without absolutely enormous effort. Once a scumbag, always a scumbag. There is zero evidence I can see that Do Kwon has actually changed in any way, or that he won't continue to try and scam his loyal fans. But really the key here is the idea of "Fool me once, shame on you. Fool me twice, shame on me". When LUNC "investors" get rug pulled for a second time, they have no one to blame except themsleves. They knew they were buying a worthless asset that will never produce any value of any form and was created by a serial scammer, and they bought it anyway. They bought it so heavily, that LUNC is now valued as the 28th largest crypto by market cap. To put it into perspective, that market cap is almost half as large as Doge. The difference between LUNC and Doge is that the Doge meme is kind of funny. A little bit funny. LUNC is not funny. It's just sad. It's just pathetic. Really, it's vile. There is no respect shown for those who lost all of their money on LUNA when Do Kwon pulled the rug. This rally dances, shits, and pisses on their graves. In the comments, I am going to hear about some of your narratives. "Burn LUNC" -- WOW! You truly ARE a lunatic. Rational human beings do not willingly burn their own money just for some "group cause". Especially when there is no actual "group" and it's actually just a lot of mercenary speculators who hope to get rich quick at the expense of greater fools. Make no mistake, there is no true loyalty to any "cause" in crypto. Speculators are only concerned with making money. Burning money is the exact inverse of this. If you legitimitely think that any substantial portion of the supply of LUNC will be burned, you are in for a big suprise. "Transaction fees" don't work either, because almost all of the volume for this scam is occuring on CENTRALIZED EXCHANGES. You can't even pretend that LUNC is having a "short squeeze" because there are literally only a few perps that even allow you to short this joke. So the one narrative pushing this heap of dog poop upwards is that there will be some kind of burn event on the 12th. I think this burn event will probably be the "Elon Musk SNL moment" for LUNC. What I mean is, the exact day Elon went on SNL, Doge peaked and never came back. This is because the greatest fool tends to buy into a "news event". In this case though, they are actually buying a total non-event, since this ""burn"" is almost completely irrelevant. This means it's likely LUNC will peak sometime around the 12th. That could mean that it has a little more to go on the upside. We will start to build a small short position, and grow the position if the prices continue to push higher through a DCA. In this environment of low liquidity and a tightening FED, there is no possibility that a stupid unfunny meme of a scam will continue to rise indefinitely. Retail stupidity knows no limits. It's all so tiring.
Short
by bowtrix
70
Terra Classic LUNC Bearish Sentiment Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum . With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week. LUNC/USDT short Entry Range: $0.0002300 - 0.0002500 Take Profit 1: $0.0001700 Take Profit 2: $0.0001330 Take Profit 3: $0.0001120 Stop Loss: $0.0002820 previews short signal
Short
by BuySellMarketMaker
1