$LUNC

▶️In my longer term view for LUNC, we are currently in black wave 2 correction inside the larger gray wave 3.
▶️If this scenario plays out, we would be looking at a 2-3x gain in the next few months.
▶️It is not yet clear if black wave 2 is finished or we are still in a longer correction (A).
▶️ The blue descending trendline is the key for price to pump

📈LONG: $LUNC (3D)
#LUNCUSDT | #LUNC | #TerraLunaClassic

Market Cap $733.09M
Change 1h -0.20% | 24h +1.25%

Current Indicators:
•  RSI: 53 - Neutral 🟠
•  MACD: 0.00 - Bullish 🟢
•  EMA: 0.00 - Trading Above 🟢

Analysis: 
LUNC's long-term view shows it's in a black wave 2 correction within a gray wave 3. This setup suggests potential for a 2-3x gain in the upcoming months. However, uncertainty remains if black wave 2 is truly over. Keep an eye on the blue downward trendline—it’s key for any significant price increase.

Price Targets: 
If a breakout occurs, initial targets might aim for around 0.00001798. Continued momentum could push prices toward 0.00002200 or even higher. Watch for any breakthroughs of the trendline for confirmation of upward movement.

Terra Luna Classic's community

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When doing these charts, for the purpose of extracting trade-numbers, I plot two set of Fibonacci numbers, in this way I can have short-term and long-term targets.


In this case, #LUNCUSDT (Terra Classic), isn't showing much need for the short-term targets, the numbers on the right side. But some pairs have a first target that is high up so the short-term targets are needed. Let me explain.

The ATH potential for us is the 2.618 Fib. extension of the last market cycle. This would be around 0.001468 for $LUNC (~980% profits potential). The first target on this set of numbers would sit around 0.000257. When we look at the short-term set of numbers, we have 0.000154, 0.000178 and 0.000212 before reaching 0.000257. So we have several targets that can work for the short-term.

👉 Terra classic is strongly bullish now, it has been growing since August 2024. It moved above resistance recently and is likely to produce soon a major jump.

The targets are marked blue on the chart, including a new ATH.

I hope you find this information useful.

Thank you for reading.

Namaste🙏