Lunc
$VGX Long on Daily, $1.20 again??With news of #Binance putting in a new bid for #Voyager, #VGX has been soaring. It is testing the bottom of the triangle (old support, which is now resistance). If breaks through we can see $.70. Will it hit $1.20 again???
LUNC Weekly Bearish Cycle Projection ProgressionWe've come a long way from the top of the previous projection (marked in light orange) and are now 78% of the way complete. From the looks of things we are setting up to make another push to the downside in relation to the projected price action; especially as the DeFi sector within crypto continues to underperform the rest of the market.
LUNC Triangle BreakoutWatching this potential triangle on LUNC, price target is $0.0002 if break out is confirmed.
Is SOL Solana the new LUNA ???The head and shoulders bearish chart pattern reached its target:
Solana was halted today!
A known bug relating to durable nonces was triggered on a majority of validators,
It hadn't been triggered in this form previously!
That lead to a block hash mismatch and validators stalling!
I think we are going to see more attacks on weak blockchains and stablecoins.
I wouldn`t be surprised to see SOL Solana going even lower!
Looking forward to read your opinion about it.
LUNC Resitance BreakoutSame plan as last time. Looking for clean breakout of resistance (yellow), long position with price target at $.000236 ish. Partial TPs at 100 hour MA (blue) and resistance area at $.000187 ish. Looking for clear breakouts from these areas too.
Luna Classic Trendline & EMA BreakoutLooking for this potential scenario upon breakout of LUNC through bearish trendline (yellow) and 100 hour EMA (blue). Price target around $0.000236 - $0.000242 ish.
LUNCUSDT The next 1D MA50 break can deliver a massive rally!*** ***
For this particular analysis on Terra Luna Classic we are using the LUNCUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where LUNC is on a small pull-back after being rejected on the 1D MA50 (blue trend-line). With the 1D RSI mostly ranged within 55.00 - 35.00, the price action seems neutral. However this resembles the previous sequences of mid August and mid June, which both broke upwards and delivered significant rallies.
The trigger for August was closing above the 1D MA50. As a result, the next time this happens, we may see a massive rally on LUNCUSDT , targeting the Higher Highs trend-line.
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What is this telling us?
As shown on this chart, there are many traders, competing against one another.
as you know, this game can't last forever, so,
As calculated by Wyckoff's point and figure:
Target = $ 0.1779
LUNC Make Or Break PointLUNC price sits right at our bullish trendline (yellow) and the 100 hr MA (blue). Need to see price stay above to be bullish, otherwise bearish continuation of price movement






















