LUNA TERRA CLASSIC USD CUP & HANDLE BULLISH MOVE TARGET $.00054LUNA has formed a cup and handle after its bounce from the death drop. There has been some serious interest in LUNA CLASSIC these day by big whales. Wallet activity shows a lot of accumulation and some by big wallets. One wallet has been accumulating large amounts and depositing it into a wallet owned by Binance? This is a direct copy and paste from part of the article.
This wallet accumulated around 8.5 billion #LUNC and dumped it all into the 2.6T wallet that I hear belongs to Binance. After dumping that it has since started accumulating again and is currently holding over 700M. Is this Binance loading up??🤔🤔Although it was not confirmed whether the receiving address belongs to Binance, the exchange’s CEO CZ confirmed a few days ago that a burn is necessary. This might point towards better times ahead for LUNC if its supply reduces significantly courtesy of a token burn.LUNC has other things going for it. For example, outflows from its supply held by whales bottomed out at 43.57% on 12 June and increased to 43.78% by press time.
This confirms that whales have been buying LUNC in the last three days, thus the bullish pressure build-up. In fact, the volume also saw a significant increase over the last 24 hours of 15 July.
Now just imagine this for a second. Imagine CZ who is salty about losing billions from Luna crash is actually buying up the excess trillions and then BAAM he makes a post and says I'm going to burn 4 trillion coins in one day. Imagine the hype around that and the respect from the LUNA community he would get if he did something like that. He would also probably make many more billions in profits than he lost if he did that. Then the consistent burn of 1.2% and LUNA could easily see $.10 in the nearer term and single digit dollars over the longer term and then perhaps way down the road when LUNA has redistributed and gone through its boom and bust cycles and the burns have brought supply back down to the hundreds of millions or billions LUNA could see double digits and triple digits. Sure this is all hypothetical but thats how big money is made when you go from a hundred dollar investment to a millionaire. Don't think its possible, go talk to some of the DOGE millionaires and SHIB etc. There is tons of them. Anyways I wish you all the best of luck. LUNA for me is a no brainer. I'm loading up. This is not financial advice this is just my opinion. Thank you
Terraluna
LUNCUSDT What to watch out on the short-term*** ***
For this particular analysis on Terra Classic we are using the LUNCUSDT symbol on the KuCoin exchange.
*** ***
The idea is on the 4H time-frame where LUNC is extending the parabolic rise it has been on since the August 19 Low. As we mentioned in our previous analysis the break-out above the 1.0 Fibonacci level was an instant buy signal and the price is now approaching the next one, the 1.5 Fib extension. The 0.00045 Resistance from May 26 is now broken, so on the longer-term at least, a new pattern is emerging.
On the short-term though, a sell near the 1.5 Fib on a tight SL on the Fib level exactly, can be solid with low risk targeting a little above the 4H MA50 (blue trend-line). A closing above the 1.5 Fib though would again be an instant buy signal, targeting the 2.0 Fib.
On the other hand, a closing below the 4H MA50 (would be the first time since August 23), would be a sell signal targeting either the 4H MA200 (orange trend-line) or the 0.5 Fib (whatever comes first).
On a side-note, notice the Channel Down on the 4H RSI and how well each Lower High and Lower Low have been excellent sell and buy entries respectively. Use this to your advantage.
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Terra Luna classic bulflag!Hello
After days with upside,vwe are now bull flagging
This will for sure go higher. expect 0.00055-0.0006 area next
Terra Classic rebirth ?? (LUNC)After going from almost $100 billion in TVL to around $10-15 million currently, Terra Classic seems to be on the rise again.
The Terra Rebels, a group of former validators wishing to continue on the original blockchain, decided by vote to implement a "burn" (a tax) of 1.2% on each transaction (except when providing or withdrawing liquidity, or stake) in order to go from a supply circulation of 6500 billion LUNC (!!!) ---> to less than 100 billion tokens, hell of a surge!!
Staking has been activated since yesterday, and burn will be activated in mid-September, maybe a little before...
So why not put a small coin in it and play this "Rebirth"?
Technically, no clear trend, normal at the same time for a token which saw its supply multiply by more than 6500 in a few hours ^^
So there could be nice returns, but BE CAREFUL (stay safe, not too much exposed). Peaaace
$SHIB or $LUNA? Best gamble trade to be taking today. 🚨⚠️🚀💩A month ago this idea wouldn't have even been a thought in anyone's mind. However the recent super-crash of $LUNA has put it in the same risk-category as any sh** coin. IMO $SHIB will have some opportunities coming for anyone who would like to trade the retail hype. At the same time I personally believe that $LUNA has become somewhat of a "meme-coin" itself at this point, however more like a "meme-stock" with massive pump-potential. (Should things play out in the right way) Because of this, I have charted the performance of $SHIB vs. the performance of $LUNA. It seems that $SHIB will be somewhat battling against $LUNA for the immediate future, but will then be overtaken, with a possible massive rise in performance by $LUNA against $SHIB. This could also turn out to be a nice "double-play", as a trader COULD POSSIBLY use this ratio to make more $SHIB (if $SHIB stays lower while $LUNA rises) then sit in that $SHIB position until a take-profit level is hit by $SHIB.
**This is all my own personal opinion, based on chart data. Not Financial Advice**
MY MINIMALIST CHART ANALYSIS FOR $TERRA$LUNA
On a 4HR Chart
SHORT POSITION
06.30..22
1025H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
ALERT:
My Bearish Bias: All white price notes are possible entries depending on future price action.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy and is on a reversal of a trend.
Bitcoin is still bearish at this moment, but on a weekly, it has compressed too much and is about to reverse. Maybe we see a bull trap to further push it down or not. (See linked chart for $BTC)
1. We may see it climb further to 0.0007667 zone a FIB reversal, depending on the closing of the bar on its FIB retracement.
2. Trading ranges may develop between 0.00007478 - 0.00016300 before pushing upward, beyond our maximized target in the next few months.
3. Probable back to 0.00004226 trading ranges will take effect as smart money will try to wash out and rinse all the long positions after a bull trap on its way down.
4. Bitcoin is still bearish at this moment, but on a weekly, it has compressed too much and is about to reverse. Maybe we see a bull trap to further push it down or not. (See linked chart for $BTC)
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology .
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Vive Le Diamond Hands!
Luna 2.0 Analyze (Symmetrical Triangle)!!!Luna 2 is running in Symmetrical Triangle and it was able to complete its pullback and I expect that it will go UP .
🔴 Resistance Zone 🔴 & 🟢 Support Zone 🟢 that we have in front of Luna 2 .
🔴 Resistance Zone 🔴: 2.38$ until 2.34$
🟢 Support Zone 🟢: 2.05$ until 2.00$
Terra Analyze ( LUNAUSDT ) Timeframe 30 min⏰ (Log Scale)
❗️ Note ❗️: Please just invest 1%_max 4% of your fund in this project at this time.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Luna Classic 🌓 🌔 🌕 Hello Traders,
today I would like to analyze Luna Classic by plotting Fibonacci's Logarithmic Golden Spiral on the chart to identify on a daily timeframe what might be medium-term price targets.
❓First, what is the fibonacci spiral? ❓
I love to use this quote when I talk about it :
"The golden spiral is a pattern created based on the concept of the golden ratio—a universal law that represents the “ideal” in all forms of life and matter. In fact, it’s often cited as an example of the connection between the laws of mathematics and the structure of living things. The more we understand the math behind the symbol, the more we’ll appreciate its appearances in nature and arts. "
🔴Target levels are marked in red by the horizontal lines on the chart while support levels are marked in green.
🔴Also I would like to add that the vote passed on the burn transaction tax mechanism on Luna which means that each transaction will add a 1.2 % tax and the amount taxed will be burned to lower the total supply; this mechanism will allow Luna to burn up to 10 B ( at this amount will stop ) in about 800-1200 days based on an average previous 24H volume.
🔴 Interesting is the data on Binance which is accumulating Luna ( seems they hold 40-46 % of total supply currently )
🔴 Summarizing the targets/resistances in order :
➡️ 0.00022
➡️ 0.00024
➡️ 0.00029
➡️ 0.00037
➡️ 0.00050
➡️ 0.00070
➡️ 0.0010
❌ Some financial stats according to CMC ❌
❇️ Market Cap
$861,201,854
❇️ Fully Diluted Market Cap
$910,907,485
❇️ Volume 24h
$466,631,760
❇️ Circulating Supply
6,556.67B LUNC
❇️ Total Supply
6,906,229,037,364
Before investing or buying DYOR
BTC bottom in or more blood?BTC looks like it hit a bottom after LFG cleared out its $BTC reserves to defend its stability.
The momentum indicator if continues to curl up may produce a bullish momentum div, not yet confirmed. BBWP reading about to top out, no confirmation yet either upon crossover of its MA. EWT corrective target hit ~$30.7k from 1.272 fibs measured from late Jan. bottom to late March top. Not to mention we've hit the bottom of a fork
There are risk factors of this idea not playing such as:
BTC continues to correlate with trades/sp500 and drops alongside it as QT continues, and interest rates get risen from the fed.
BTC has not retested the 200W MA
Cyber security risks w/ regard to complete shutdown of power grids mining BTC and hosting/running many DeFi/L1/L2 services, with nations like RU/CN engaging in non-kinetic warfare. We've already seen RU disconnect intercontinental cables in the Atlantic. As the EU holds out on gas during winter, we could see more desperate measures/retaliation through new avenues in 5th Gen. warfare .
Shanghai lockdown fails to prevent the spread of bird flu , potentially inducing another global lockdown
If the trade does get stopped out, the next areas of interest for entry would be 23k if we close under $29.2k on the daily, invalidating bull impulsive Elliott wave since late June. The on-chain bottom is ~$27k, and 200W MA is ~$21K, both are also entries in the event of an invalidation.
Trade:
Entry:$30.7k
SL: $26.6K
TP: Hull MA ~$36k, ABC PoC ~$39k
LUNA Ponzi SchemeThe collapse of Terra's LUNA and TerraUSD cost investors over $40 billion.
Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide.
This project made investors lose trust in the crypto space as well.
The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra investors being victims of fraud. Billionaire Bill Ackman also considered the project to pyramid scheme.
Do Kwon was the one behind Basis Cash, another failed algorithmic stablecoin in which people lost $54 million.
Terraform Labs also lost US Appeal Securities and Exchange Commission Subpoena.
I don`t see a future for this project.
There is a chance that its founder, Do Kwon, end up in jail if the criminal charges for building a Ponzi Scheme will turn out to be true.
Terra Classic LUNC short Entry Range, Take Profits and Stop LossLUNA/USDT short
Entry Range: $0.00008800 - 0.00009400
Take Profit 1: $0.00008000
Take Profit 2: $0.00007000
Take Profit 3: $0.00006000
Stop Loss: $0.00010015
$DEFI is toast: nice short...I think we are likely to see a massive move down in DeFi names, the contract issued by FTX is a nice way of riding the eventual move down, which can be magnified if we get some large protocol issue, or some unexpected black swan event causing a cascading decline of epic size as a gigantic levered bubble bursts. It is likely the best short in crypto, to profit from the bear market we are in.
Best of luck if going short.
Cheers,
Ivan Labrie.






















