LUNCUSDT trade ideas
lunc short setupHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LUNC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Lunc trendlineLunc strong on downtrend bounced from trendline 3x and now it broke triangle and can go to 0.00014-0.00015 what is again resist / trendline.
If this 4. attempt on this trendline will break it, above 0.00015 we can see next TA targets
TP1 0.00018
TP2 0.00023-0.00025
TP3 0.00030
TP4 final trendline 0.00035-0.00040
0.00040 is our final target if this trendline will break , above 0.00040 we will test our previous high 0.00060 and above we can go finaly to 0.001
LUNCUSDT Falling Wedge leading it to its doom. Unless..Terra Luna Classic (LUNCUSDT) has been consolidating since the December 16 drop having formed a Support Zone (green) just below the low of the FTX (November 08) crash. This consolidation is taking place below the Higher Lows trend-line that was holding since June 09. The price remains below the 1D MA50 (blue trend-line), 1D MA100 (green trend-line) and the recently emerged 1D MA200 (orange trend-line).
This Falling Wedge will most likely take the price to its bottom (Lower Lows trend-line) by January if it breaks the green Support Zone. On the other hand a break above the 1D MA50, targets the 1D MA100 and further break there targets the 0.0002790 Resistance (1) of the November 05 High. The Resistance 1 is on the 0.0003710 (October 02) level.
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Terra Classic(LUNC) Price May Withness a Bullish Breakout SoonTerra Classic is approaching the end of the yearly trade, marking the lowest levels ever since it was rebranded and separated from Terra. The price is closer to adding up another zero in its value after facing rejection from interim highs around $0.00014106, in the past few days.
The LUNC price is now approaching the pinnacle of the falling wedge consolidation which is largely believed to be bullish in the long term. Meanwhile, the RSI of the token is also raising after rebounding from the lows, indicating the revival of a possible bullish trend ahead.
With a bullish breakout, which may happen in the first few days of 2023, may hit the last point of defence at $0.00001 and rebound high to reach levels above $0.000015 initially and later try to test the levels close to $0.00002
Aped my LUNCH money on LUNCLadies and gentlemen, I present the plummeting crypto of the century: LUNC!
The price drops faster than a skydiver without a parachute, but don't let that fool you; this could be the greatest or stupidest opportunity of your lifetime.
LUNC is water skiing over .000128, and you bet your ass I slurped up some of those LUNC coins.
The general state of things looks to be steadily going down; this excites me as there are discount prices and more time to slowly DCA prepare for the next bull market.
My colorful line art, however, shows a few predictions gradually heading low and some other possibilities on the upside. Still, if this pumps into one of the top-side positions, I'm calling it a bull trap.
NFA
LUNC to pump⛽ again?Terra Classic seems to be ready to break up out of this triangle 📐 and if successful I think there is chance for run to 0.00035 and even higher.
ENTRY : local high @ 0.00028775
STOPLOSS (SL) : local low @ 0.00027075
TARGET1 : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00035
TARGET2 : resistance @ 0.00040
REWARD RISK RATIO (RRR) : TARGET1 - 3.6 | TARGET2 - 6.6
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
LUNC UPDATE (Still Bearish)I hope you are fine.
Read the text carefully.
According to the engulf of the previous bottom of 0.00013018, I think we are facing a larger degree pattern. I think the pattern is a diametric as before, but the degree of this pattern is bigger than what I expected. Now I think we are still in the e-wave of decline. I marked the route on the chart
Ask if you have a question
Thank You
I said FIFA, not FUD!!Argentina may have won the world cup, but the crypto adverts (*Cough CRO) didn't do jack shit and were sitting in still waters.
Just a note: my super duper secret method (not really) will start to show more predictions as time goes on, but that comes at a cost, which is a chart looking like pickup sticks.
Suck it up.
At the moment, we are sideways, but the market's been dropping like it's hot.
So my colorful imagination sees a place we can drop lower, more so over time; I feel because shit is getting wild, and if Binance goes bankrupt, you'll see the most significant discounts you'll ever see, and you won't see them again.
Im *READY* to get rekt I DON'T CARE IF THERES 10 BOTTOMS; IM STILL BUYING!
I'm looking at this drop, and I'm looking back at the 200 EMA, and It looks to me like this shit is sliding down a hill on a sled, and It's not stopping today.
This is good news for all you responsible, slow-as-turtles DCAers out there.
This is bad news for you degens who keep reliably Aping all your rent money.
I hate to admit it, but slow and easy wins the race (but I'm no godman turtle). But one helpful reminder is that you've only made the most money by holding a spot, so forget about the margin trades. Just keep doing what worked for you time and time again.
Also, buy crypto now or forever hold your fiat.
LUNC BERRIESShit is starting to look like a dead cat bounce, but that's what you've trained for (and failed).
The white bubbles portray an ark moving downward, like a drooper. Then you got the 200 EMA sitting there like a snake, thinking about moving down and eating those two white eggs. It's still technically possible to PUMPP or at least break the downtrend.
I won't let either outcome stop me from eating little LUNC berries off the ground from the berry truck that tipped over, if you get what I mean.
Luna Classic and a shot of Irish cream in my coffee.The state of crypto right now is making me scared AND horny. We are seeing low prices and can't help but nibble, but will they continue to fall? Have we reached the bottom?
Interestingly enough, you're reading my post, so perhaps you think I know what's going on, but I don't. Sorry to disappoint.
Over the last year, I have acquired a particular set of skills: drawing neat lines on trading view and a big imagination.
My imagination tells me a few points of interest with LUNC (the only coin that matters) as I wait for round 2 of $ 10,000x-ing, my crypto, and I'm Bullish AF.
Always take profits, Luke Skywalker.