Hi dear friends, hope you are well and welcome to the new update on Terra Classic (LUNC) with US Dollar pair. In a 1-hour time frame, LUNC is about to complete the final leg of the bullish Shark pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low, and Stochastic is setting a lower low. Note: Above idea is for...
Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free. Terra Classic being very generous cash💵 machine these days. To put things in context please see the idea down below first: So TARGET3 still yet to be hit. Now on lower timeframe (15m) the price is trying to break this local downtrendline resistance. Once...
Please 1st of all smash the boost🚀 button and follow me to support my work if you like it! It's absolutely for free. Terra Classic is just breaking this triangle📐 and I think there is chance for run to the TARGET3. Setting BUY STOP-LIMIT order to range high to catch🎣 the breakout. ENTRY : local high @ 0.000283 STOPLOSS (SL) : local low @ 0.0002677 TARGET...
Terra Classic This is a follow-up the idea down below: After false break out of this triangle price dropped back down into the triangle, broke the triangle lower edge, formed Head&Shoulders pattern and broke it's neckline all of which is bearish at least in short-term. Fast moving/changing market. Neckline corresponding with TARGET2 and H&S TARGET...
Terra Luna Classic (LUNCUSDT) has been trading within a Channel Up since the June 09 Low and at the moment it is very close to its top (Higher Highs trend-line). Technically and with the 4H RSI overbought on the same level as June 27, it is very likely to have a pull-back towards first the 4H MA50 (blue trend-line) and then the 4H MA200 (orange trend-line) before...
LUNC is going much higher. not today, will take many days. HOLD
Luna classic looks to have a good effect since last 10 days. until now its still into green cycle. As long its on green cycle its prefect to hold - but same time mange the risk well in case there will be a pullback. There is a possibility that the price can increase more with next 30 % or more coming time.
Terra Classic breaking out of this triangle📐 with target @ 0.00017090. Setting BUY LIMIT order to previous range midpoint to catch🎣 the pullback. ENTRY : midpoint of previous local range @ 0.00015660 STOPLOSS (SL) : local low @ 0.00015187 TARGET (TP) : height of the triangle projected from midpoint of the previous local range @ 0.00017090 REWARD RISK RATIO...
Hi everyone. A Possible scenario is shown in the chart (a reversal candle).
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...
According to the chart, Lunc is ready for climb a new peak. Lunc rise 350% in the last time. and it will rise more than 1200%. hold is never esay .
Following my last post; I was waiting for a short term pull back. That time frame has now been fulfilled and there is now a viable ABCDE wave 2 retrace. This of course will only be confirmed with a break up and out of the top trend line. This is not guaranteed. The triangle is a symmetrical set-up which means market indecision. It is neutral and has a 50% chance...
Looks like a 5-wave minor 1 has been completed. Probably a "sell the news" event due to staking being re-activated. Expect a pullback now for a week or 2 before the next leg is kicked off by the on-chain burn tax news. (I was unsure of the actual wave 2 minor ending which is why I have marked out the 2 possible end points - not that it matters or affects the...
After a 3x jump , LUNC/BUSD pair was in a symmetrical triangle consolidation for nearly 5 weeks now. It is going to end in one week or so. MACD momentum is nearly getting into the positive zone day by day and Bollinger Band indicator closing it's mouth. That indicators show us that a movement is coming soon. The direction of the movement is effected by...
Will Lunc fill the gap between Tenkansen and Kijonsen this 12 weeks ?
LUNC/USDT (I think) might be getting ready for another spike like the other day. I put a market buy in, with a SL of -1% and trailing take profit at 5% -2% trailing. NOT Financial Advice! : )
1. Broken resistance zones. 2. Entering a position on a retest. 3. Trade in the direction of the trend.
1. The daily price pattern of LUNC is completing a double bottom structure. 2. Judging from the state of support pressure, it is at the level of 1d and 4h. Good luck!