Tera's futureWhat can be expected. Probably something like a chart. Support levels are marked Longby abintrao1115
LuncusdtNever trade but hold a manipulated asset if you think it has a bright future!!! Only CZ and Binance knows who holds how many coins! He create news and functions according to what Binance needs!!! He will pump and dump when he feels it’s beneficial for him and his whales!!! Not a financial advice!!! by TradeMasterBTC3310
luncusdt updatehey traders, its my 3rd movea on LUNV Check the chart Share ur chart and leave a comment by HesamUNTUpdated 447
LUNA CLASSIC LUNC > CZ BINANCE PRICE MANIPULATION > BURNS MATH!Hello everyone. So this morning CZ from Binance came out in a tweet and said that he would burn all the transaction fees from LUNA spot and margin trading. Now lets look at this for a minute. So first CZ tweeted he would support the burns making everyone think that he was going to implement the 1.2% burn on all the transactional volume on Binance, the price rocketed up. Then he came out and said he would not support the off chain burns and only the on chain burns, then LUNA dumped. Then he came out in an AMA and said he wouldnt be doing the 1.2% burn on the trading volume one more time, because for some reason there was alot of confusion about it, then the price dumped a little more. Then he came out and said the same day he would implement a feature to opt in to the burn tax for any trader who wanted to and then the price pumped a little. Then as LUNA came all the way down to the .618 around .00018 and Binance tweeted again this morning at 5:30 AM EST saying he was going to implement a burn mechanism to burn all the trading fees from LUNA trading and the price went up more than 50 percent in an hour. Shorts got liquidated and now on the drop Longs will be liquidated too. So I did the math for you all so you can see how big of a deal or not a big deal this extra burn of the trading fees is Average volume of Binance for LUNA currently is about 1 Billion daily. The total trading volume across all exchanges is an average of 2 Billion daily for now. This wont always be like this. The hype will eventually die down and the trading volume will diminish dramatically, maybe to at most 1 Billion daily across all exchanges. Now for the math, Im going to even look ahead and assume that all exchanges trading LUNA will follow Binance and Im going to round up the trading fee percentage to .2% although Binance is only .12%, because some exchanges may charge more. 2,000,000,000 x .2% = $4,000,000 $4,000,000 / PRICE OF LUNA = TOKENS BURNED PRICE TOKENS BURNED DAILY BY ALL EXCHANGES .0003 = 13,400,000,000 .0004 = 10,000,000,000 .0005 = 8,000,000,000 .0006 = 6,700,000,000 .0007 = 5,700,000,000 .0008 = 5,000,000,000 .0009 = 4,450,000,000 Lets do this with one less zero .001 = 4,000,000,000 .002 = 2,000,000,000 .003 = 1,340,000,000 Lets do this with 2 less zeros .01 = 400,000,000 Now he said that the first set of burns is from 9/21 to 10/1 thats 10 days BINANCE SPECIFIC BURNING FOR THIS TIME PERIOD .12% FEE ON TRADES AVERAGE 1 BILLION DAILY VOLUME AVERAGE THAT'S 40 BILLION LUNA TOKENS BURNED IN 10 DAYS BY BINANCE SOUNDS LIKE ALOT HUH? ITS NOT! AS THE PRICE OF THE TOKEN GOES UP THE AMOUNT OF BURNS WILL BE MUCH LESS. ALSO THE VOLUME WILL NOT ALWAYS BE 2 BILLION DAILY ACROSS ALL EXCHANGES. THIS VOLUME WILL EVENTUALLY DROP TO MAYBE A BILLION TRADING VOLUME DAILY. AT THE CURRENT PRICE AND WITH JUST BINANCE BURNING THEIR TRADING FEES AND THE ON CHAIN BURN WE WILL BURN ABOUT 6 BILLION TOKENS DAILY. SO TO BURN 90% OF THE SUPPLY WHICH IS 5.4 TRILLION TOKENS AT THE CURRENT RATE OF 6 BILLION TOKENS BURNED DAILY (WHICH WILL DROP DRAMATICALLY ONCE PRICES INCREASE) IT WOULD TAKE 900 DAYS. NOW THAT IS ASSUMING THAT THE BURNS WOULD BURN 6 BILLION A DAY WHICH IS NOT THE CASE, AND THAT WOULD STILL LEAVE 600 BILLION TOKENS WHICH WOULD BE THE ABSOLUTE BEST CASE FOR $1, BUT VERY VERY DOUBTFUL. EVERY TIME THE PRICE DOUBLES THE BURN NUMBERS GET CUT IN HALF. SO AT .0006 LIKE I SHOW ABOVE LUNA WOULD ONLY BE BURNING 3 BILLION A DAY, AT .0012 LUNA WOULD BE BURNING 1.5 BILLION A DAY AND SO ON AND SO FORTH . SO HERE IS THE CONCLUSION. IF EVERY EXCHANGE IMPLEMENTS THE TRANSACTION FEE BURN, AND LUNA CONTINUES TO HAVE 2 BILLION DOLLAR TRADING VOLUME THEN IT WOULD STILL TAKE APPROXIMATELY 3000 DAYS TO BURN 5.4 TRILLION COINS. THAT'S ALMOST 10 YEARS AND REALISTICALLY IT WOULD TAKE MUCH LONGER, AS VOLUME DECREASED AND PRICE INCREASED. ALSO THATS ASSUMING THAT BINANCE WILL KEEP THIS GOING INDEFINITELY WHICH I DOUBT AS WELL. NO ONE WANTS TO THROW AWAY 4 MILLION A DAY IN FEES. HES DOING THIS FOR HIS OWN AGENDA. HES MADE MULTIPLE BILLIONS MORE OFF PUMPING AND GOING LONG AND DUMPING AND SHORTING WITH THIS COIN THAN HE EVER WOULD HAVE MADE SELLING HIS STASH AT THE TOP WHICH WAS WORTH 1.6 BILLION I BELIEVE. HES MAKING 10S OF BILLIONS OF DOLLARS MANIPULATING LUNA WITH HIS TWEETS, TAKING EVEN MORE FROM INVESTORS THAT ALREADY LOST A LOT ON THIS THING. LUCKILY I WAS NOT ONE OF THEM, BUT I FEEL FOR EVERYONE WHO HAS, AND I AM SORRY YOU HAD TO GO THROUGH THAT. DON'T GO THROUGH IT AGAIN THOUGH WITH THIS HYPE TRAIN, PUMP AND DUMP. THIS BURN IS STILL NOT ENOUGH IN THE GRAND SCHEME OF THINGS. ALSO UST IS STILL DE-PEGGED AND NO ONE IS BUILDING ON TOP OF LUNA AT THE MOMENT. THERE IS NO REAL USE CASE FOR THIS OTHER THAN A HYPED UP PUMP AND DUMP. I USED TO THINK LUNA WAS GOING PLACES BUT I REALLY THINK THAT IT WAS JUST A PUMP AND DUMP BY DO KWON IN THE BEGINNING AND NOW CZ OF BINANCE IS PUMPING AND DUMPING IT AS WELL. THOSE TWO SHOULD HAVE A JAIL CELL TOGETHER WITH ONE BED! MY STRATEGY IS TO TRADE THIS UP AND DOWN BECAUSE THERE IS A TON OF LIQUIDITY AND VOLATILITY . I DO NOT USE LEVERAGE WITH VOLATILE TOKENS LIKE THIS EVER! ITS A VERY RISKY STRATEGY SO DO SO WITH CAUTION BECAUSE WILD PRICE SWINGS ARE EXPECTED FOR A WHILE. So for the price action short term. I think the hype will die down again once people realize this burn is just a drop in the bucket. My targets are .00026, and then .000235 before another run up If LUNA can rally up to .00035 with strength then we may see a run to previous highs, perhaps for a double top , I do not think LUNA has started a new bull rally to new all time highs. I don't think this will happen though I'm leaning more towards the bearish case because essentially nothing has changed as far as how long it would take to burn the tokens. This is just a suckers rally and boy are there a lot of suckers out there. Jokers coming out of the woodwork again screaming $1 LUNA with no idea of how to do math. THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINIONS AND SPECULATIONS Shortby BitgolderUpdated 424220
Luna in search of a strong buyerFor the current period of time the sales continue in search of a strong buyer at lower prices. On the chart we see a pronounced downtrend with a weak resumption of buying. This trading range, which was formed in 14 days, tells us that it is possible to fall even lower from the current price levels. Through the strong imbalance in the current instrument we saw one strong impulse up with the absorption of sales, the impulse that could not break through the sales area indicates to us that there is no buying interest at the moment, so we can conclude that the next area of interest be within the lower boundary of the trading range.by Artem_Dishel8814
LUNCUSD - Decline After Bull PeakLUNC in recent days has made an up move This move was significant but not enough to buckle the trend In this idea I suggest a common down period following bull peaks Down until it comes into contact with the green up trend line by Bixley4
Binance is going to 🔥BURN LUNC! The PUMP continues❓Hi friends! Do we need to expect the pump for 100-200% in a next week? Let`s tell about this! ✅Why LUNC pumps❓ Cryptocurrency exchange Binance has implemented the Terra Classic burn mechanism for spot and margin pairs LUNC/BUSD and LUNC/USDT. 🚩 The LUNC price reacted to this initiative with an increase of almost 40%. 📊 Do i think that LUNC will skyrocketing this week? I think yes, but if only BTC will pump to 22-23k. This mean that all altcoins woll pump not only LUNC. 🔥 The LUNC pattern. Take a look at the volume indicator. The volume growth all the time when LUNC pumps. This means that the big guys always sell their coins to retail traders. And what happend next? Fall or some consolidation for 2-3 weeks. 📊 Do i expext the consolidation after this pump? I think that is highly possible but now the LUNC pumps because of Binance support what is really good for project. Binance have the largest crypto community so the money possibly will flow to the LUNC further. ✅ The closest targets: 1. $0.044 - the value area 2. $0.06 - the previous ATH 🚩 In the case of pump higher i recommend you to book the profit by parts (20-30%) and do not book all profit at once to not let the price make +100-200% without you. It will be good to catch this opportunity and make the profit. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.by Yuriy_Bishko131342
LUNC daily 3 line strike!!On the daily chart we have a confirmed bearish 3 line strike pattern confirmation. Don't let the name fool you it's actually a bullish pattern. The 3 line strike is a reversal pattern normally appearing at the end of a trend. We should be poised for more upside in the coming days and weeks as this marks the possible bottom for LUNC. The RSI on the daily has came off the massive overbought territory and has now creeped back into the bullish control zone. The MACD is also showing hidden bullish divergenceLongby bitcorns-trader2212
LUNC Patterning Bull FlagLike the last pump, LUNC patterning a bull flag in 1H Chart. Keep your eyes peeled. NFA.Longby SaiyaNTrading8
LUNC still bullish .LUNC did 40% profit today but still looking for more upside tomorow. Maybe a stop hunt will accure for shorts positions.Longby pangreen1217
LUNC FORECAST 📉📉After the recent burn mechanism was announced by binance , price surged and so we're expecting a retracement to the downside This is not a general of the market just my opinion Shortby Akaezejoseph110
LUNC short trap? rippy still possible imo🥶drop boost and follow if you enjoyed, thanks for your support ❤ unfortunately for longs LUNC broke extreme pivot support I mentioned in previous posts. still some signs of support though, as long as trend support and RSI support holds I think a rally back above pivot level is possible. Short traps will lead to a bigger rally in then next wave if it comes. 👀 Trade safe and goodluck! ⚡Longby Vibranium_CapitalUpdated 474788
Finish Them!!Hello friends. Dopamine junkie lottery ticket chasers do not have a long attention span. Once they buy a coin, what are their options? They have one. One option. Sell. The only real factor is WHEN they sell. What are the odds they sell any given lottery ticket coin if it does nothing but fall for a week? 2 weeks? 3 weeks? We will illustrate it with the Optimism Scam Coin, which also had a similar hype cycle where retail gamblers purchased coins for $2.00+ at the peak and we shorted it. 1 week from the top: the price fell down 34%, as many of the extremely low-end attention span gamblers sold out to find a new lottery ticket. This selling is also stronger because holders may panic sell when the price starts going down initially 2 weeks from the top: the price fell down only 20% since the medium attention span gamblers still needed to sell. It fell slower since there are fewer medium attention span gamblers than there are short attention span gamblers 3 weeks from the top: the price fell only 2% because almost all of the gamblers had sold by now This chart shows us that within 3 weeks, gamblers have likely become bored with an asset and sold. 23 days into the decline, the OP token formed a short-term bottom because so many gamblers had sold that there weren't many left to sell it lower. The price bounced up 50% in a short 14-day period and many of the gamblers who had sold decided to buy back. Now that there were fresh sheep for the slaughter, the price went lower quite quickly. LUNC did not greatly deviate from this structure. In the first week alone, the price fell by 58%, as many of the low attention span gamblers either got bored or panicked. The second week was only a lackluster consolidation move where price did nothing at all. Then we had a news event that there was a "Red Notice" to locate and arrest Do Kwon, the creator of this scam coin. This caused some more of the holders to panic sell. The market manipulators who know this burn doesn't matter are going to use this event to sell off as many LUNC coins as possible before it's too late and the gamblers start selling. Because of this news event, many "fresh" gamblers have bought into the scam. Since they just now bought, their attention span clock is reset. As we have demonstrated, this means that at first, we will have a very strong and momentous selloff as the low attention span ones sell-off, and then we will have an increasingly slow and boring decline as the clingy cultists throw in the towel one by one. The title is misleading. We don't need to finish them. They will finish themselves. We couldn't stop this if we wanted to. All we can do is watch. This chart reminds us of a great quote from Margin Call. “You know, the feeling that people experience when they stand on the edge like this isn't the fear of falling; it's the fear that they might jump." Shortby bowtrixUpdated 4412
Terra LUNC | Last chance to sell before it crashes again! LUNC now offers an amazing opportunity to sell your coins before it crashes again, which is really great! Also, you can enter a short position on the futures market to profit from this upcoming move to the downside. This chart is definitely not bullish. I see a big bearish downtrend that is in progress. The price is clearly moving in the parallel descending channel on the 4h chart, so theoretically we can still go up a little bit. According to my Elliott Wave analysis, the first impulse wave has finished and we are in an ABC correction followed by another impulse to the downside. My target is 0.00012000 USDT, then maybe we can start a brand new uptrend to new all-time highs. It's possible, but I am not buying anything named LUNA, LUNA2 or LUNC. In my opinion, the volatility will go down and the price will go down slowly. Forget about LUNC, you are too late for the bull party. If you are a lover, buy it lower. For more analysis, hit "Like" and "Follow"! Shortby Tolberti6565125
luncusdt 4h updatelunc token currently cannot brok his its resistance but i am expecting soon its broke now its local resistance. but at this buying of this token is not so good its dengerouse so waite for confirmation its support or resistancce area. if it broke its local resistance then possible we see another pump under lunc token.by CRYPTOPLAYERS-016613
LUNC/USDT alternative countso heres the problem, if we cant get a break above the line- then we have a head and shoulders, and what i thought was an impulsive move to the upside could in fact be an A-B-C corrective move off of the first high, Stop loss is the way to go here, because if its a-b-c, then it could sink all the way back to the boittom before another move up . on a knife edge here, so protect your gainsShortby Spocks-BeardUpdated 8
Terra Luna Classic (LUNC) #Crypto #LUNC #BULLISH 20th Sept is the date when (if approved) 1.2% of tax will be levied on all LUNC transactions, including wallet interactions and smart contracts. Starting to surge with quite a bit of interest leading up to this date. #bullish but tread with caution as Do Kwon the co-founder of and CEO of Terraform Labs factor looms. Longby FoxesUpdated 101015
Brief short position from LUNC! Over excited rally ! This excitement is caused as a reason because of the revolt against binance on Twitter LolShortby Alexas58555
TERROR LUNA CLASSIC In Freefall Down to .00013 Wicks to .000088LUNA classic has been in free-fall since reaching its high. It broken through all major support and the downtrend continues. There is a drive of hidden bullish divergence on the hourly so a bounce today and tomorrow up to .00026-.000275 is possible and likely before being rejected at resistance again and continuing its downward journey. There is no real support after .0002, so once .0002 breaks and we get into the .0001's then the panic selling will occur and we will drop fast down to the next major support around .000144. I don't think .000144 will hold for long before LUNA slams down to really strong support around .00011. A stray wick could push down to as far as .000095-.000089. This is not trading or financial advice this is just my opinions and speculations based on TA and FA of my own. MACD ON THE DAILY : STRAIGHT DOWN RSI ON THE DAILY : STRAIGHT DOWN Shortby BitgolderUpdated 222216
LUNCUSDT | BEARISH CHANNEL BREAKOUTLUNCUSDT has been trading in a bearish parallel channel where the bears looks tired and bulls may start their upward journey. The price has been trading near the upper boundary of channel. We are expecting bullish breakout from here once price manages to close above parallel channel . Trade your levels accordingly. by JustTradeSignals6625