- 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.
Terra LUNC | Last chance to sell before it crashes again!
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Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.