TA Technical Analysis Ascending from the Abyss: Technical Outlook on Luna Classic's Potential Rebound? Upon a closer examination of the Luna Classic (LUNC) chart, it initially presents itself as a daunting challenge, given its drastic price drop. Yet, further analysis reveals underlying potential for significant recovery, reminiscent of a phoenix rising from the...
Looks like we went down in a abcde triangle. Lets see what happens. After this trade im out of luna classic. I think this will be it for this coin.
Hello good morning my fellow traders. I show in the chart above how LUNA and SHIB have almost identical chart patterns. Fractals aren't always perfect but when comparing two different pump and dump hype coins then they usually rhyme. All this little news and crap coming out for LUNA is the same type of crap that was coming out when SHIB had reached its peak and...
we got a bearish dragon with a confirmation break at the blue color line, a BAMM (bad action magnet move) confirmation break at the green line, all withing a bullish shark harmonic. If those line break we will be going to the D leg of the harmonic. Target 88.6 to 1.13% retrace
After the bullish run we are not having what seems to be a bullish consolidation happening on the 4 hour. First we have the bull pennant formed. The supply line of that said bull pennant just so happens to be the breakout line of a bullish dragon. When ever dragons appear you more than likely will find a harmonic pattern. In the case of Luna Classic we have a...
LUNC is retracing to a zone of confluence after an initial impulse move. Good entry point.
I know I said I would be suspicious of a luna pump, but F* what I said. I just discovered the proposed 1.2% transaction burn plan 15 minutes before writing this, then LUNC broke out faster than I could put my underwear back on, so here I am. I'm not sure what will happen here, guys, but I looked up what the Fibonacci tool does on youtube, and I made what might...
This fight was so worth the ticket price. LUNC bled all day despite BTCs manipulated recovery today, which signals to me that we are continuing a downward trend if we break through 0.00006194 and fail retests. I'll be very suspicious of any sideways or slow uptrend movement around this time. A moon shot is the only thing we want to see; otherwise, don't get...
I want to give everyone free-falling with me a big pat on the back because my parachute won't work. Things weren't looking so strong yesterday, and that LUNC 2x4 just snapped at the weight of BTC's dump hitting the floor, and I don't want to think of the costs of repairing that hole. We crashed into a critical support line from the most recent low before the...
That dummy thick drop was heard around the whole damn world, wtf guys!? Since my last post, kucoin has enabled futures on LUNC, so I can start hedging again! Both LUNA and LUNC dropped the bass, and you probably got liquidated if you're reading this. #MeToo Shits getting wild yall, JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an...