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LUNC / TetherUS

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LUNCUSDT trade ideas

consolidation before a big pump imo 🥶drop a boost and follow if you enjoyed my lunc update, thanks! 🚀 in my previous analysis I said it had to hold .00024 if bulls wanted to see some bounce action, as expected we almost saw a perfect bounce from my level and trend resistance broke! 💪 also notice how yellow resistance zone from a while back is kind of trying to act as support now, and I also noticed a new green trend support zone 🟢 finally some bullish signs on LUNC after weeks of blood :) watching for break above 0.000333 for some more big moves to upside 💯 good luck, last chart from me today. see you soon ⚡
Long
by Aura_Trades
21
LUNAC LUNA CLASSIC Luna Is Losing Steam! Heavy Selling Coming!Luna has been bouncing up and down within some support and resistance levels for a couple days now. I said yesterday that we would drop down to about .00026 and that happened. We didnt get down to .00024 because .00026 was decent support. Bouncing back up to .00029 and now we are ranging within those two levels. The larger head and shoulders has been formed and now Luna is bouncing off the neckline support fo the head and shoulders. If Luna starts trading below the neckline and closing hourly candles below then expect a significant drop down to .00016 minimum. If .00016 fails then we will probably see another 50% drop down to previous lows/support around .00009 ish . Invalidation of this large head and shoulders would be if Luna starts trading above .00035 and closing at least 30 minute candles above that. I don't see that right now because volume is weak, and the market in general is bearish at the moment. Good luck out there everyone, this is not financial or trading advice this is just my opinion. I update frequently, so follow me for more. Thank you On a lower time frame 15 minute chart, Luna has formed a W formation. This is a bullish pattern and a measured move would bring it to about .00032 if the pattern is validated and completed. See below:
Short
by Bitgolder
33
LUNA CLASSIC LUNC Classic Double Top Forming, Target .000265Luna made its pump I said it would make in the previous chart chowing the W formation. It pumped exactly to where I said it would. It then correct and had another pump but the second pump failed to get above the previous pumps high so now Luna is forming a double top on the 30 minute and 1 hour time frame. indicators are showing weakness still. My short term target is .000265 over the next couple of hours, in which At that time Luna will have created another head and shoulders (i will link another image below showing that head and shoulders potential forming. A measured move from that head and shoulders down will be around .00019 mark and with little support in that area I think a further drop down will follow. One this downside break starts its going to be swift. Luna could lose 50% within an hour or two so you need to be quick. For now though lets hope the .00026 and the .00024 hold and hopefully that head and shoulders will be invalidated. Good luck out there my friends, this is not trading or financial advice. Give me a like and follow me for more updates. Thank you.
Short
by Bitgolder
4
LUNA CLASSIC LUNC : Small Bounce .00032 Complete, Down From HereLUNA has completed the measured move of the W chart formation I showed in the previous chart. It was just a little rally, nothing too serious. Resistance still not broken and still lower highs. Its breaking down from this pennant, and ironically this pennant has yet another head and shoulders. That measured move would bring Luna back down to .000285, and probably further down back down to .00026 ish level. The Daily MACD is still straight down so these little rallies are nothing to get wet over. I still believe that if we break the neckline of the giant head and shoulders on the 4 hour and close below it then we are going to see a drop down to .00015. I we can break above resistance at .00035 then we will see a nice rally to just below all time highs and if we can sustain that then new highs but thats not likely at this time. This is just my opinion not financial advice. Follow me for more updates. Thank you
Short
by Bitgolder
12
LUNA CLASSIC LUNAC .00028 Support Failed Next Stop .00026-.00024LUNA CLASSIC made the move I expected. It broke right through the .00028 level and is now headed down to .00026 and .00024 if that support fails. I think a small bounce at .00026 is probable and then I think we're continuing the downward trajectory to .00024 and then .00021. If we break below .00024 and close below that on 2 15 minute candles then we are headed to .00021 and then we will re-evaluate, stay tuned and follow for more updates. This is not financial advice this is just my opinion. Good luck my friends. P.S. I saw a 2 drive bullish divergence on the StochRsi so we may have a bounce back up to .000288 or so before the downside continuation.
Short
by Bitgolder
12
LUNA CLASSIC LUNC Failed To Get Above Resistance, Getting Weak!LUNAC hit major resistance at .00034 or so and it had a hard time getting above that. It broke down out of the falling wedge, invalidating the possible upside break. Luna then starting forming a rising wedge up to the bottom of the wedge it broke down out of and now that rising wedge has broken down. I see at least a move down to previous support around .000283 - .000287, we may have a small bounce there but I think its going to fall right through down to .00024 in the short term, probably in a couple hours. We may have a small bounce from this level back up to about .000303 and then slam down. The technical indicators are all looking bearish and weak from the 1 hour all the way to the 3 day. If LUNA manages to rally and close above .000303 then a move to .000307 is likely and then if we close above .000307 then a move to about .000316 is likely. if we break .000316 then we will probably rally to previous resistance at .00034 and re-evaluate at that time. Thank you for checking out my chart. This is not financial advice, this is just my opinion. If you like these updates then give me a like and follow me. Good luck out there everyone.
Short
by Bitgolder
4
Luna Classic LUNC: WTF With These Damn Head And Shoulders!!Luna appears to have formed another head and shoulders on the hourly. The measured move would bring us down to .000238 minimum and possibly lower. Technical Indicators are all bearish all the way to the 2 day. The inverse head and shoulders that was formed is probably invalidated by now. It may still play out but its not looking good right now. I expect at least a move to .00024, if the selling pressure is high then we may head lower from there. I will reevaluate at that point. Thank you and good luck. This is not trading or financial advice.
Short
by Bitgolder
21
Terra Classic LUNC - Last wave before a dump! | Elliott Wave LUNC is now a very hot altcoin, but it looks like the uptrend will end very soon. If you want to buy LUNC, then wait for a pullback, at least to the start of wave 4. As per my Elliott Wave analysis, this huge impulse wave is pretty much done because we are in the last fifth sub-wave. As you can see on the chart, wave 2 was a triangle. You may say that wave 2 cannot be a triangle because it's on the public internet as a rule. But this information is incorrect. Wave 2 can be a triangle, wave 3 can be an impulsive diagonal, and sometimes wave 3 can be the shortest wave, believe it or not. I think LUNC will go much higher, but first we should have a correction that can last a few weeks or months. Elliott Wave theory is a very powerful technique when volatility is high. On the other side, when the market is going sideways, it's losing its power. For more analysis, please hit "Like" and "Follow"!
by UnknownUnicorn2537518
98
Terra Classic LUNC - More downside is coming! | Elliott wave The bull party for LUNC is over, and now we need to regain strength again at lower levels! Many people have lost money in UST and LUNA in the past; there is no trust in these projects, and I would never buy them for long-term speculation.  Maybe that was just a scam pump. I don't even know if someone can trust these coins named Luna, LunaC, Luna2. It looks like a pump and dump game for whales. Better to short it on the futures market to make some money or just stay away. That's my recommendation. I'm not saying we'll go straight down; rather, the price may print a triangle before continuing to the abyss.  As per my Elliott Wave analysis, a major impulse wave has finished and we are looking for a retracement to the downside. 0.618 FIB, or 0.5, is a classic correction for a first impulse wave, and it fits perfectly with the previous horizontal support exactly at 0.00011 USDT. It looks like a sweet point to buy LUNC again if you are bullish about the next possible uptrend. I expect tremendous gains for Golem (GLM). You can find this altcoin in the related section down below. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
82