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Terra – LUNA Terra Luna Classic – LUNC Luna Classic (LUNC)🎯EVERYTHING YOU NEED TO KNOW! PRICE PREDICTION AND TECHNICAL ANALYSIS TODAY! Hey and welcome everybody back to another price update and technical analysis of Trevor Luna classic and what should I say the zero six one eight six six Fibonacci is striking yet again we talked about it in yesterday’s update and what happened we got exactly a rejection in that area so in this video We’re gonna talk about the most important resistance we’re gonna also kind of see how accurate fibonaccis can really be and maybe you really understand why I love to use them so much and now and let’s get into it right after you drop a like on this video because that shows YouTube that you Really like and appreciate these updates and of course I would also really really appreciate if you could drop a like so um let’s get right into it and what did we talk about yesterday so in yesterday’s update I already said that I’m expecting this up here to be an Important resistance and we identified at this level yesterday in the video and you can see clearly here but now we also want to look at the Fibonacci from the other side and what can we see here wow this is pretty accurate right when it figure into exactly into our zero six Six one eight Fibonacci so and there we can see yet again where did we get rejected in red exactly in this zone so really hope you mark this in your charts because there you can see yet again how powerful the fibonaccis can really be if Done right and we can see we got exactly into the Zone exactly to the top of the zero six six Fibonacci to zero zero zero one oh four five nine um two rejections in this area just confirming that this remains a key resistance to the upside but now what is Way more important we can also see another resistance which I was talking about as well and I clearly said I want to see a break Above This level which didn’t happen we did not just get rejected at the local 618 golden pocket no we also got rejected at this key Level right and we knew this also way in advance so I really hope you appreciate the accuracy of all of these levels that I’m giving you here um it is ridiculous right we can clearly see how big of a resistances we really is at 9831 yesterday Bitcoin also had Another clear drop to the downside after being rejected guess where a previous 61866 Fibonacci I love to use it um I took this trade so many times unfortunately yesterday I did not take it um but it could have taken it but that was in the middle of the night Unfortunately for me but you can clearly see we got rejected and then Bitcoin went straight down afterwards and the same day Luna classical also rejected at a local zero six one eight Fibonacci so right now I would really remain patient and we have a couple of important levels To claim to the upside but one very important thing is that we stay above the EMA ribbon as long as we stay above the EMA ribbon I think that Luna classic will have an easy time reaching higher prices as soon as we drop below that’s gonna be the worst case scenario for Luna classic because the MMA ribbon of the falling chart have been such an incredibly important level for so long and by the way if you want to trade a Luna classic or any other cryptocurrency make sure to check out a bit get they have a highest bonus of Thirteen Thousand dollars eight thousand just for our community with the link in the description and on top of that five thousand dollars in tasks and a 25 exclusive fee discount you won’t find this anywhere else and also 400 million dollar Security fund to keep the customers safe and also no kyc so you Can stay Anonymous Big shout out to them check them out right here um on this page you can also see this is the bonus just for our community and then Additionally you can receive five five thousand dollars in rewards so check it out big shout out to them Alternatively if you are from the United States we also have a maxi they have the lowest trading fees also really nice bonus no kyc and yeah they are available to you as users as well so check them both out they’re both great exchanges great for trading I use them both the Links are in the description and now let’s continue here with the update of Terra Luna classic so as I said we want to get above the EMA ribbon because that would also mean we get above the previous 618 yesterday we were kind of bouncing between these Levels where we were below I mean I mean above um the EMA ribbon and above the local 61866 um but then we got rejected at the local top uh 61866 which is very unfortunate so we had the support golden pocket we have a resistance score in pocket but Now we drop below the support and this actually not turned into resistance what we can clearly see that here we were kind of struggling to really get above actually let me know um make this a bit more visible okay then we can see it very clear Rejection right here at a 9427 so really the key thing here that I’m looking out for is there we see a clear break above the EMA ribbon on the four hourly chart that would really be the key for me no Market structure wise nothing clear to see Um we did make a law here we did make a high here but this was not really a new low and this was not really a new high so Market structure is really indecisive but after such a massive move um and the last couple of days were crazy we had a Lula classic pumping massively lunar classic finally being actually really strong then we get binance being sued news then we get coinbase being sued news it is so unfortunate we have been waiting for this pambanona classic for so long and finally Luna classic was theirs was it was incredibly strong we Even found support white here on the Zone but then guess what happened right here we were holding it right we were holding the support but then guess what happened the news were released right here we dropped to the downside um it is just so unfortunate really um Lula classic was actually moving very Very well I would have actually liked to Take Along here but actually a couple of a couple of minutes before I actually wanted to take along the binance news were released and then I went just to make sure I even posted it in the telegram um just one minute after the new were Released yeah it is very unfortunate and now we can also see the lunar classic is struggling here with the 618 again so that is definitely something you want to reclaim for now I would be very very careful and cautious now having a look at the daily chart and here you can Really see it’s a bit indecise if I wear the big pump to the upside with a big drop to the downside then we had big wigs to the upset as well as to the downside whether actually we test here of the pattern but as long as we really Stay above this Zone right and remember this is a macro Zone this is not a small Zone let me show you exactly where this is coming from you can clearly see how big of the support this really was and that’s what I was saying back here that As long as we’re staying in the zone I do not really worry and we didn’t really get any follow-up to the downside we can see every time we drop to the downside we recovered back into the Zone which is really important um and now we had another drop exactly To the bottom of the Zone the previous resistance which now turned into support of this pattern but then we also got Above This Zone above 9010 and I think as long as we stay above this lunar classic will have a really good time well of course Bitcoin will also have a Massive impact on this so pay attention to this as well why Bitcoin I mean look at this it is it is crazy it is absolutely insane we go down like this and then we go up like this again and then we go down like this again um While scalping yeah it’s a lot of fun but for bigger trades I will be very very careful right now really careful the best traits that I was taking here was really just shorting every time every bounce into the six when I took the downside but right now I’m not in any position Um I’m actually actually interested still in longing xrp I will of course make an update about this later because we’re still holding here the 618 which is great to see but let’s get back to Luna classic but yeah that’s pretty much I think for this update not too much to Say here not too many clear indications of what’s going on like yesterday we had a clear resistance here what we got rejected before that we had a clear breakout here but right now I see no clear sign so I would really really remain patient but for scalping For lower time frame trading this is a really great environment this is actually a lot of fun if you want to trade this check out bitget the link is in the description big shout out to them for making this possible the biggest bonus available 25 fee discount uh 400 Million dollar security when they have actually the second largest Security fund in the crypto space which is amazing um it also of course Maxi really low fears really nice bonus as well no kyc check them out the links are both in the description as always thank 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