LUNCUSDT.PS 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.