Despite the bearish movement in Bitcoin and Ethereum, I still see a bullish setup for LUNC. The drop that happened yesterday quite a large part of it was returned intraday. Today the sellers again tried to push the price down, but a rejection can be seen again, which leads me to think that there is a buyer and the setup has a pretty good risk reward.
hey traders look at the chart and check the lvls what u think about luna classic ? share ur chart and leave a comment
It's been a long time coming and I believe we are finally in Phase C. We have hit the bottom of the range, sprung, and we back tested the spring as support. Those are all the markings of Phase C. Next it's time for the composite operator to start a new up trend.
Hi dear friends, hope you are well, and welcome to the new update on Terra Classic (LUNC) with US Dollar pair. On a daily time frame, LUNC has formed a bullish Cypher pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Sine wave are like sea waves. As they hit the beach, they do a linear rise. Once they reach the crest it loses power and the wave collapses. Until the next wave hits the beach. :-)
Hello guys Corrective move as Regular flat nearly ends. And Wave 3 is here Good luck guys This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable...
In my opinion if LUNC manages to break the 0.000241and the 0.000255 zones then it could start a big move towards 0.00031 and even beyond. The reason I am bullish on LUNC is mostly because the strong community behind it. LUNC showed that, how supporters can get behind a coin and bring it back to life. I am not a holder but I root for this project.
hey traders Look at the chart as we expected, price rejected from the red fib lvl to the lower lvl I'm not telling u its enough for bullrun, but we can expect bull pressure here, so that why after confirmation, ill take this scalp trade about the Yellow arrow in the right side of the chart, if price touch that ill check for confirmation and ill take that short...
Eyeing the light red trendline, the 100 H MA (purple) and any relevant patterns for signs of a trend reversal. Strong bullish divergences on the MACD and ROC, and similar divergences can be found on other oscillators. Trend reversal confirmed when price breaks out from trendline and 100H MA on increased volume & momentum, and TP ultimately at the light green support.
Looking primarily at the formation of this triangle and subsequent break outs. Bullish TP $0.000290, Bearish TP $0.0002435
LUNC is coming out of another triangle. If the pattern is confirmed, we should see a breakout towards 0.00076 after a period of accumulation. Last time this took 52 days, but there was no burn, and the October / November phase which is notoriously a good time for crypto and economics. I wait and hold expecting a growing trend in compliance with the EMA 60...
Lunc is working on a cup and handle looks like.....
Hello, as soon we can see new ATH , what you think?
Short term triangle formed within a bearish price channel on LUNC, signalling possible large price move in either direction. Bullish price target is .31, and implications being that the bear trend may be reversed. Bearish price target is .25 near the support of the channel.
Possible bull flag in play. Typically a bullish sign, and if correct, should break out above resistance with a price target of .39 or .40
According to the wave structure and price action, Luna can move upwards after completing this diametric.
According to the wave structure and price action, Luna can move upwards after completing this diametric.
As ever, i'm no Elliot Wave count expert, but looks as though LUNC has completed a 5-wave up move. Nicely up to the previous swing high of ~16000. The fact that this 5 wave move is in itself part of a longer time move, and this is simply wave-1; only time will tell. If that is the case, maybe bring our attention to the 0.618 retracement zone to look for where...