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LUNCUSDT Perpetual Swap Contract

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LUNCUSDT.P trade ideas

LUNA CLASSIC LUNC Cant Break Resistance, Breakdown Possible :(Luna Classic was looking good yesterday, the run was going strong and then it hit a wall at .000335 or so and its had a hard time getting through that. Keep an eye on the .00029 level I think thats where we are headed now in the next hour or so, if we break that then we head down to about .00026, if we break that then we head down to .00024, if we break that then it looks like the macro head and shoulders correction may play out and we will see .00015 - .00009. Keep an eye on those support and resistance levels. I cant make too many charts today, I wont be home but ill try and update throughout the day. I am currently in cash, I sold at the break of the .000315 level and now waiting to see what happens. Good luck out there my friends. This is not trading or financial advice this is just my opinion and what I am doing. Thank you
Short
by Bitgolder
6
Lunc updatethis is updated previous wedge chart. on that i draw wrong angle and size of wedge bottom area, this should be correct. we hit 300 per previous symmetrical triangle and have nice bounce + broken blue MA what is important MA. Soon near top triangle we have another MA, but most important is red MA what is outside wedge. Actaly we are sliding on bottom wedge and on resist zone from 1.9 as you see + red trendline support zone. Our actual wedge target are 450 - 500 - 600, above 600 for sure 800-0.001 This looks very interesting, lets see what people and market on it, i am holding my 103 millions tokens and still waiting for 0.001 as first main psychological target.
Long
by Reitak
4
LUNA CLASSIC LUNC Possible Larger Inverse Head And Shoulders!Luna is in a current run playing out a measured move of the inverse head and shoulders I showed in the other charts I did. I just noticed that if the support and resistance plays play out like I think then Luna will be forming a much larger inverse head and shoulders on a higher degree of trend. That measured move would bring it to the previous high at minimum. This looks like a possible path for Luna Classic. Gotta be quick with this one it moves fast ladies and gentlemen. This is not trading or financial advice this is just my opinion. if you like ideas like this and frequent updates then give me a like and follow for more. Good luck out there everyone. Thank you
Long
by Bitgolder
11
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
Long
by Bitgolder
4
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.
Long
by Bitgolder
4
Bull divergende on 4h + MACD Crosshello folks, We starting to step out/ breaking the falling wedge. Note that RSi starting to show some bullish divergence and MACD made a Crossover upward (blue arrows in chart). Looks like we going to revert the fall and try to test the ath again. Imo FOMO will kick in again with the burning system starting in 5 days from today. Ideal will be to close the daily over 0,00030X and make a Bullish Engulfing candle to indicate that the correction is gone and the sell pressure lose some steam. NFA. Good trades.
Long
by RobertoMachadoNeto
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.
Long
by Bitgolder
4
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
Long
by GenesisGo
1
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.
Long
by Bitgolder
6