Possible Double Top for LUNALUNA/USD
Bearish Case
- Double Top formed and retested at $6.42 (0.236 fib retrace)
- Exaggerated Bearish Divergence on the 1hr
- Testing to break down of the ascending support line
- MACD on the 4hr looks to be turning bearish
Target Zone
- $4.888 (0.5 fib retrace)
- $4.202 (0.618 fib retrace)
- $1.99 (full retrace) given it is a double top
Bullish Case
- Stays within the supporting trend line and breaks the ascending triangle
Thoughts?
LUNA
ANC: THIS COIN CAN DO BETTER THAN LUNA LUNC AND SHIBA! 10XANC: THIS COIN CAN BECOME THE BEST INCREASE OF MONTH 9
It has some updates that can make this coin to moon include TA.
LUNAC Luna Classic The Move Is Happening Now Neckline Broken!Luna is in the move to play out the measured move of the inverse head and shoulders. My minimum target is .000345 with an extended target to around .00038. The daily is still just starting its run so at these levels expect small corrections. At the .00038 level if we dont break and close above .000384 then a pull back to .000345 is likely. If we stop at .000345 and lose strength then a pullback back down to .000308 or so will probably play out. Not trading or financial advice, follow me for more updates. Thank you
Falling Wedge on the LUNCBUSDBased on technical factors there is a Long position in :
📊 LUNCBUSD
🔵 Long Now 0.00032300
🧯 Stop loss 0.00021750
🏹 Target 1 0.00039000
🏹 Target 2 0.00047000
🏹 Target 3 0.00059000
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
LUNA CLASSIC LUNAC Inverse Head And Shoulders, Rally Imminent!Hi guys another quick update on Luna Classic. It looks like Luna has formed a nice inverse head and shoulders on the bi-hourly and is about to test the neckline around .000295. A break would initiate a minimum move to at least .000345 but likely to hit .000358 at the next resistance. Then a small correction and back off to the races I believe. The daily is looking really good so this move should be a good one. All is invalidated if we break below .000255 and go back into the falling wedge/bull flag. Then Lunac would likely retest the support of the wedge at around .000221, and then we will re-evaluate. If this wedge breaks to the downside a major correction to around .0009 ish will probably play out, but i am not leaning towards that scenario as the indicators and charts are looking good right now. This is not trading or financial advice this is just my opinion, and this asset is extremely high risk and speculative; however the reward is also extremely high. Thank you and good luck everyone.
LUNA CLASSIC LUNAC Right Shoulder Complete, Break .0003 EASY $$Luna classic has completed the right shoulder on the inverse head and shoulders. A break of .0003 and we will see a minimum target of .000345 with possible higher targets of .000375. I think if we manage to find solid support around .00039 then this rally will continue to complete the measured move of the giant falling wedge/flag with a measured move to previous highs, minimum. Follow me for more updates. This is not financial or trading advice this is just my opinion. Thank you and good luck.
LUNAUSDT12h The Terra Luna 2.0 price will be $1 or $11 ?A few days ago, we published the idea of Terra Luna 2.0.
And the fact that the LUNAUSDT price did not reach $8.5 and immediately fell to the level of $2.5 is a bad signal.
We warned about the high volatility and manipulability of this asset. Trading LUNAUSDT with leverage is with possibility 80-90% drop of your deposit to 0.
Two possible scenarios in our opinion from the neutral side, as we do not trade this asset:
A positive scenario will come if buyers manage to fix the LUNAUSD price above $3.80-4. Then it will be possible to at least start dreaming about growth to 11-14 dollars.
The stay of the LUNA 2.0 price below $3.80 indicates the weakness of buyers and, accordingly, the possibility of a further fall to the round level of 1 dollar
We consider $1.80-2.20 as a critical zone of support for buyers, below which a drop of another -50% is very likely
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
LUNAC Luna Classic : THE RUN IS STARTING, BIG MOVE COMING!LUNAC LUNA CLASSIC Has bottomed out on this correction and is now priming for another massive spike. My target is still at least previous highs and then probably much higher after that. This move is only about an hour away at most I believe, and a great entry point. This is not financial advice this is just my opinion. Thank you and good luck everyone.
30 MINUTE
1 HOUR CHART
DAILY CHART
High Risk & High Reward - LUNA CLASSICHello Team,
As we can see LUNC is forming a massive falling wedge after a huge run up (Bullish Formation : *Upon Breakout). A strong volume resistance break to the upside from this falling wedge can have massive upside potential. We are looking to start adding small positions as we continue lower.
Key Notes:
This is a very high risk play due to being a highly skeptical trading pair; only for small position sizing.
Fundamentals to follow:
Bitcoin Strength/Weakness
USD/Stock Market Strength/Weakness : Strong Correlation
Previous Posted LUNA/C Trade:
1000%+ Run to the upside
Luna Classic About To Flip BullishLuna Classic has been respecting with these two resistances (purple, grey) and overcame the first shorter-term (grey) one with a 25% pump. Nows its testing the longer-term resistance, and if we can see a repeat of the same price action (circled) then we could flip bullish and see a large pump towards $0.4
LUNA CLASSIC LUNAC Quick Update: Bullish Divergence & BreakoutJust a quick update: Luna is pumping right now. Its breaking above the resistance in this massive wedge/flag its has formed. There is bullish divergence on the MACD and the RSI from the 15 minute all the way to the 2 hour, I think nice move up is coming. A measured move of the breakout will bring it to previous highs around .00053. If we fail the breakout of the wedge/flag and we breakdown instead then look for the .00012 level for a bounce/bottom of the correction. This is just my opinion and not trading advice. Good luck out there.
LUNA LONG POSITION 🚀Hello 🐋
Based on the chart the price is close to support area, we can see gain here ✔️
or
from the lower support, we will see the gain 👌🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
ANC: BREAKOUT TIMEThere is good chance that ANC can get here a breakout
This coin is at the same time risky.
This is not trading advice.
There is no guaranty breakout will happen.
LUNC taking a break - time to go for a walk! (New entry idea)Here's a quick look at the 2 hr. LUNC chart. As we can see, the price has been forming a bigger falling wedge.
The best entry would be when the price breaks above 0.000315$ with a good amount of volume .
-------------------------------------------
The idea is: Buy when the price breaks above 0.000315$ and take profits at the levels shown in the chart.
Targets:
1. 0.00034$
2. 0.00038$
3. 0.00043$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ATOMUSDT:H3Hello
. As you can see, the price is moving in an upward channel. Important levels are marked in the chart for trading.
..📢 Please follow your strategy, , this is just my idea
.🙌Please do not forget the ' like' button & Share it with your friends
.✍ I will be glad to see your ideas in this post
.🧲Follow me to see more analysis
MIR/USDT touching the 0.786 fibNot saying that it is necessarily going to bottom here, but this pump was caused by LUNA pumping, and if you believe that LUNA, ANC and MIR still have another pump left in them, then this would be a great time to start buying/longing MIR. Be careful though because if this was just a standard pump & dump then it's going to get rekt, make sure to use a wise stoploss. Potential targets as high as $1.37.
Luna Classic Price MovementTriangle formation on LUNC, looking for breakouts in either direction and will trade the breakout.
BTC BREAKDOWN - BNX GOING INTO INCREASE SIDEMost coins following BTC - BNX is the only coin that since the start of 2022 going on the side of increase.
To read more about it check:
In the long term, the BNX price does not affect huge as most of the coins when there is BTC breakdown.
we have seen more times even if the breakdown is small, the recovery of BNX gets in a small time back, this means more for the future.
BNX has the same max supply as BTC 21M.
In long term, it seems to be more over BTC depending on the statics chart.
There is also expecting for ATH in 1 week.
This is not trading advice.
all crypto can be risky.
ANC: TIME TRADEANC showing some movement out of the zone.
It can show some time frame increase.
From 0,113 seems interesting.
ANC is high risk trade.
This is not a trading advice.