LUNCUSDT trade ideas
LUNA descending wedge - bullish action coming?This is a very textbook pattern, but LUNA is a crazy coin at the moment, so let's hope it follows the textbook play. Which means on the break of this pattern it rises up sharply.
Chances are it can go down completely because this is LUNA after all.
Check previous chart below. The previous has those red and blue lines from before.
LUNCUSDT | Possible Correction Ahead?LUNC had a fantastic run recently. While some are speculating that it will continue, there is a possibility of correction - especially if we consider LUNC to have completed a full 5-wave Elliott impulse. With macro conditions in mind, I'll be monitoring closely and trading accordingly.
Please do your own research. This idea is not to be considered financial advice. May YeHoVaH bless you.
#lunc #luncBUSDin my opinion, the channel is valid because it has been channeled to the bottom, midline and ceiling many times
Now he is struggling to get through the roof of the channel
I don't see any major news, but it was a good climb
When the flood of good news including the support of Binance and other exchanges from burning tokens and taking control of the community itself and its greater dynamics and other news
Prices are much higher than these numbers...
LUNCUSD H4Strong impulse previously to the upside, breaking through resistance to create a higher high. Price has now pulled back & retested broken resistance structure as support, where we see some consolidation taking place. Price could now be preparing to continue the uptrend above this region here for a potential higher high towards the previous all time high.
LUNCUSDT Forecast | Price Bullish PulseTerraClassic looks bullish towards supply area A, then to fall for a potential bullish pullback near the B region, then to rise to C. But the purple line above the red B is to be noted as it is a significant area of resistance.
If the current two higher lows fail and the price falls below the red (A), then the forecast will be invalid.
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Khiwe
On this profile page, the shared analysis, ideas, and strategy of a chart belong to Khiwe, with some being influenced. The technical setups are speculative; they are not guaranteed for accuracy or completeness in the form of any content, and they are not intended to provide financial market advice. Please apply your own analysis and confirm it with price action.
LUNC - Daily - "Consolidating"Click Here🖱️ and scroll down👇 for the technicals, and more behind this trade!!!
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📈Technical Standpoint⬅️
1.) Accumulation is holding stable at these levels, which could suggest another move up from here to the local high and potentially the next fib range.
2.) Entering here is similar to being in the earths atmosphere, either you'll move forward into space or drop back to earth. That being said, entering here is a high risk play.
3.) Preferred entry would be at the FIB range beginning with ""0.""
🤖Trading Bot Position⬅️
1.) Status of Position: ACTIVE-LONG
2.) Price Position Opened At: 0.00005861
3.) Current Profit %: +110%
4.) Ticker Dominance: Evenly matched between bulls and bears.
🍃Current Sentiment⬅️
- Overall bearish
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Very bullish Luna classic is in a very good shape technically, since we are almost seeing the end of the bull market.
All fundamentals are in place.
Moving average is starting to trend higher.
And investors are getting back into the market.
The heavy sell offs are noore having an impact on the market much.
All my ideas are long term ideas 🔥🔥
LUNCUSDT pumping from 0.61% Fib support As we said before two support zone here will pump the price and now it seems that the first support zone that is based on Fibonacci worked well and the price soon can pump.
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LuncUsdt 4HHello friends ,
I did not pay attention to the higher time frames in the previous post.
According to the classic pattern formed in the 4-hour time frame, we can expect the price to increase, so I suggest buying.
Even in the half-hour time frame, it seems bullish at this moment.
Observe the loss limit.
Good luck...