Lunc beginning to get volatile!If there's any token out there that I think will make an impression on the crypto market, it's gonna be Luna Classic! This thing is gonna make a crazy comeback and people are gonna cry when they realise they never bought in at these bargains. The Mother Ship 🚢 is about to leave the bay!
LUNA
BITCOIN : My view for the next few daysFor those who have followed the previous posts I published on Bitcoin, you will already know what my view is, if you haven't seen my posts go and see them in my profile.
Today I go into detail by analyzing the latest daily candles.
Since the last post we have seen a rapid exit from the bullish channel highlighted in which I had signaled the Long entry which took place successfully.
After the upward movement we see a slowdown in prices in the 30500 area, where the candles following that of June 23rd are almost all inside bars, therefore according to my method, NOT tradable candles.
I have highlighted the highs and lows of the candle of 23 and we see an exit on the candle of June 30 which causes the start of the second swing in favor of the bullish structure highlighted by the yellow color of the candles.
The price continues its lateralization approaching the LuBot TrendCloud and today showing another Long trigger on swing number 3.
This could be the trigger that could lead prices to the 34500 area considering the more positive view (green path).
The other 2 views are both positive but see a major correction / lateralization before arriving at the 34500 area.
In any case, the view remains positive.
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LUNA Classic: Bullish Bat PCZ at Congestion ZoneLUNC was sent down to this support level after breaking through the B level of the Bullish Bat and confirming the breakdown with a Bearish 5-0, as seen here:
Even as the rest of the market has risen, LUNC continued its downward path to the support zone, and now, just as the rest of the market looks like it wants to take a break, LUNC has finally settled down within the support zone and has formed two levels of MACD Bullish Divergence as the RSI went to the oversold zone.
We might see LUNC do something that it has done in the past, which is to rally during a time of macro slowdown, as that's what the chart is implying right now.
1 EARTH SHOWING SIGNSPlease look at my previous idea posts on 1 EARTH so that you may have a better
understanding of what we are looking at her. Could this be hidden bullish divergence?
Inside of what seems to be a technical bull flag? Right under several major resistances?
If so, 1 Earth might be getting ready for a major move. In the next few weeks we could witness nice pump to the upside.
😱Luna 2.0 will lose another ➖30%😱After the arrest of Do Kwon in Montenegro by the 👮♂️Interpol police👮♂️, there is a possibility that Luna will drop more than before, and at least it will drop to the Price Reversal Zone (PRZ) and Support line(➖30%).
Terra Analyze ( LUNAUSDT ), Daily time frame ⏰.
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.
LUNC Terra Classic $605 Million valuation problemThe valuation of LUNC Terra Classic at a market cap of $605 million raises concerns, particularly considering the project's current state of inactivity. As a community-led project that has become stagnant or defunct, such a high valuation appears to be disproportionate.
In my opinion, the valuation for a purely speculative token like LUNC should be re-evaluated to align with a more realistic assessment. A market cap of around $50 million seems more reasonable, considering the absence of recent development or active engagement.
So add another $0.
Looking forward to read your opinion about it.
Luna Fake Rally ended up with a Hard Dump again. LUNA experienced a deceptive rally in the cryptocurrency market, luring inexperienced investors and gamblers into a trap. However, the chart indicates that this pump was short-lived and served as a clear trap for retail traders, resulting in a significant price dump. Additionally, the price of LUNA failed to hold the recently formed hourly support level.
🔥 LUNC Start Of Bull-Run: This Trade Can Make You Rich!LUNC has been trading bearish ever since the September 2021 top, which means that we've been going down over 1.5 years. This perpetual bearish pressure has to end at some point, and this trade is based on exactly that.
Since LUNC has finally broken through the diagonal resistance, the bulls have the overhand in the short-term. We are going to assume that the bulls will also regain control in the long-term and that the bottom for the current bear market is finally in.
With a target at the current all-time high, we're able to construct a trade with a mind-blowing risk-reward of over 185, which means that for every dollar you risk, you can potentially make 185x amount if this trade will hit it's target, without leverage! Entry placed at previous 4H local top.
If you're a more defensive trader, consider moving the stop down to 8300. Also, partial profit targets of 13000 and 21000 will make this trade less risky.
TRADE OF THE DAY | LUNC big breakout potential 14.5%TRADE OF THE DAY | LUNC big breakout potential 14.5%
LUNC is finally looking like a significant move might be on the cards after a long slow grind down. A key breakout of a descending triangle pattern and also a longer term trendline is key. There is a minor divergence although only minor, there is now a key local resistance at 938 it will need to break and very close to overbought territory so further retrace can be expected.
Its a very, very choppy market at the moment so all trades rnare high risk.
LUNC falls in our dedicated area, What is next?LUNCUSDT can go up as it crosses bullish triangle flag as shown in the graph. For any questions you can contact us.
Trade can touch bottom again before taking big direction. We issue prediction after careful analysis. You can enter after doing your own analysis.
ARPA : LONG TERM TARGET 200%After having to study this coin for the longer term, I found out that the small increase did to an important trend that will happen next Monday about blockchain trend.
out of this all let's make a scenario trend for the long term here below.
the target depending on before price actions and important levels of what the coin can gain.
200% in the long term with a target of 0,10 could be a possibility for this coin.
We will follow this coin long term to see the changes.
It's long terms expecting, but if there is a FOMO trend and hype about the blockchain trends, it could go faster.
Any investment can be very risky, as this is also not trading advice.
BTC GROWTH, INFLATION and INTEREST RATEFundamentals and a bit of history
Let's first deal with the fundamentals, what are inflation and quantitative easing?
Inflation is the rise in the overall price level of goods and services in an economy over a period of time. With inflation, money loses its purchasing power, which means that you can buy fewer goods and services with the same money than before. Inflation can occur for a variety of reasons, including increased demand for goods and services, supply constraints, increased costs of production, reduced production, changes in exchange rates, and many other factors. Inflation can have a profound effect on the economy and people's lives, for example, it can lead to higher interest rates on loans, lower purchasing power, lower economic growth, and other negative consequences.
Quantitative easing (QE) by the U.S. Federal Reserve (Fed) is a monetary policy that consists of buying government bonds and other assets in the market in order to increase the money supply in the economy and reduce interest rates. This program was introduced by the Fed in response to the financial crisis of 2008. Since interest rates were already at historic lows, the Fed began buying bonds on the open market to increase the money supply and lower long-term interest rates. This lowered borrowing costs and boosted economic growth. Since then, the Fed has repeatedly used quantitative easing in times of economic crises and lower inflationary expectations. However, while quantitative easing can help stabilize the economy, it can also have negative consequences, such as causing inflation and rising asset prices.
Today's inflation cycle is directly related to the 2020-2021 quantitative easing program. In 2020-2021, the U.S. Federal Reserve again applied quantitative easing in response to the economic consequences of the COVID-19 pandemic. In March 2020, the Fed announced a new $700 billion QE program, which included purchases of government and corporate bonds and mortgage-backed securities. In November 2020, the Fed expanded the QE program by adding another $700 billion to buy government bonds. The goal of the QE program was to lower interest rates to support economic growth and stabilize financial markets during a pandemic. In addition, the Fed cut interest rates to near-zero levels and provided banks with concessional loans. The 2020-2021 QE program helped lower borrowing costs for companies and consumers, increased liquidity levels in the markets, supported economic growth, and of course caused prices to rise and money to decrease purchasing power, in other words, inflation.
In the first half of 2022, the Fed could not turn a blind eye to rising inflation and resorted to the most famous instrument of monetary policy - raising interest rates. Raising interest rates in and of themselves is designed to reduce credit and consumer spending on goods and services, which in turn should lead to lower demand and then lower prices on the supply side. In the supply-side price reduction phase, technology companies and companies whose business model was designed for a low-interest growth market suffer the most. Let us remember Terra/Luna, Celsius, 3AC, FTX, and Voyager. These companies went bankrupt precisely because of the factors of reduced demand for the crypto asset market in general and flaws in product and business models, all of these companies in 2021 and in 2022 were the same, but it is the reduced demand that is destroying them.
Current status
So, back to macroeconomics, up until today all markets existed in the rhetoric that prices were rising, key data to calculate inflation was staying strong and we were a long way from a pause or interest rate cut. Today's data provided the foundation for a growing narrative of a pause in the Fed's meetings and a gradual interest rate cut. Also with that, we should remember that the inflation and target rate data is a lagging indicator and we should not expect sharp changes in monetary policy, just today we got the foundation for the opposite rhetoric and further macroeconomic changes.
What's in store for BTC, medium-term forecast for 3-6 months:
Moderate rhetoric and positive data on slowing growth in goods and services will push BTC up. The end of the rise in inflation brings a cut in the target rate and new liquidity closer
The longer the U.S. government negotiates a new budget ceiling, the weaker the dollar will be. A weak dollar is a great time for BTC as an instrument outside the financial system, operating according to its own laws and principles.
Falling banks and the weakness of the banking system will play to BTC's advantage, BTC in the eyes of the public is a counterweight to the entire banking system.
Luna Classic in potential ADAM & EVE BreakoutLooks like Luna Classic could potentially be gearing up for a breakout on the Eve portion of the pattern. met with a descending wedge on the daily.
Bullish flag pattern!! Cooking❗️❗️LUNCHello, friends, so far, you have not shown any reaction when the market rose in the recent period. I think in the coming days there will be a very strong rise now in the formation of the bullish flag pattern. We are waiting for confirmation with a big breakthrough.
Share your opinion!!
Terra Classic Analyze [Road map!!!🗺️(04/10/2023)]!!!Terra Classic is running on descending channel.
Let's look at Luna on the daily time frame from Elliott Wave theory. It looks like Luna is forming a Doube Three Correction(WXY) correction structure, and I expect microwave A from the main wave Y to finish near the 🟢heavy support zone🟢 and then move to the upper line of the descending channel should grow🚀(➕40%).
Terra Classic Analyze ( LUNCBUSD ) Daily time frame⏰ (Log Scale).
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.