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LUNCUSD

LUNC is coming out of another triangleLUNC 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 (today at 0.000255) with false bounces to the downside that could reach 0.0002405. No financial advice, invest what you are willing to lose.
LLong
by cryptoitalia2024
3
Luna - will the buyer prove his point? Locally you can see the appearance of purchases on the instrument. There is a progress result and volume bursts on the buy bars. There is a possible test of the upper border of the Buy zone; if the test is successful, we can observe how the price behaves when resuming purchases. Then we monitor the resumption of movement and assess the strength of the buyer when approaching the sales area. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
by Artem_Dishel
9
Luna in search of a strong buyerFor the current period of time the sales continue in search of a strong buyer at lower prices. On the chart we see a pronounced downtrend with a weak resumption of buying. This trading range, which was formed in 14 days, tells us that it is possible to fall even lower from the current price levels. Through the strong imbalance in the current instrument we saw one strong impulse up with the absorption of sales, the impulse that could not break through the sales area indicates to us that there is no buying interest at the moment, so we can conclude that the next area of interest be within the lower boundary of the trading range.
by Artem_Dishel
8
LUNC daily 3 line strike!!On the daily chart we have a confirmed bearish 3 line strike pattern confirmation. Don't let the name fool you it's actually a bullish pattern. The 3 line strike is a reversal pattern normally appearing at the end of a trend. We should be poised for more upside in the coming days and weeks as this marks the possible bottom for LUNC. The RSI on the daily has came off the massive overbought territory and has now creeped back into the bullish control zone. The MACD is also showing hidden bullish divergence
Long
by bitcorns-trader
2
Terra LUNC | Last chance to sell before it crashes again! LUNC now offers an amazing opportunity to sell your coins before it crashes again, which is really great! Also, you can enter a short position on the futures market to profit from this upcoming move to the downside. This chart is definitely not bullish. I see a big bearish downtrend that is in progress. The price is clearly moving in the parallel descending channel on the 4h chart, so theoretically we can still go up a little bit. According to my Elliott Wave analysis, the first impulse wave has finished and we are in an ABC correction followed by another impulse to the downside. My target is 0.00012000 USDT, then maybe we can start a brand new uptrend to new all-time highs. It's possible, but I am not buying anything named LUNA, LUNA2 or LUNC. In my opinion, the volatility will go down and the price will go down slowly. Forget about LUNC, you are too late for the bull party. If you are a lover, buy it lower. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
65
Coiled UpLUNC is all coiled up and ready to break out of it's symmetric triangle. The asset is near the end of the pattern and could break in either direction. I would say that it will correlate with Bitcoin and the rest of the market but that has not been the case lately. I am leaning towards the bullish side, seeing the 60% retrace the asset just had and the retest at $0.000240 painting a double bottom. Also, the fundamentals of the upgrade with a 1.2% transactional burn implemented into its protocol. From a technical point of view it's really interesting to have all of the data before the whole situation. With a large cut in supply I could see LUNC retesting resistance between $0.20 & $0.30. Crazier things have happened in this space, like LUNA falling from $100 to nothing in the first place.
L
by RighteousTA
5
Terra Classic LUNC Bearish Sentiment Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum . With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week. LUNC/USDT short Entry Range: $0.0002300 - 0.0002500 Take Profit 1: $0.0001700 Take Profit 2: $0.0001330 Take Profit 3: $0.0001120 Stop Loss: $0.0002820 previews short signal
Short
by BuySellMarketMaker
1