Luna Classic (LUNC) EMERGENCY UPDATE AND BIG WARNING FOR ALL LUNA CLASSIC HOLDERS! | CoinMarketBag

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Was no reason to turn bullish there was no reason to buy Luna classic because we just crossed a massive level to the downside we can see right here on this Zone which I gave you this exact Zone yesterday at 11371 all the way up to 11501 and I clearly told you the only…

Was no reason to turn bullish there was no reason to buy Luna classic because we just crossed a massive level to the downside we can see right here on this Zone which I gave you this exact Zone yesterday at 11371 all the way up to 11501 and I clearly told you the only Bullish scenario that I see is once we really get above and hold it which obviously did not happen also Bitcoin dumped yesterday and then we were holding just below this level and if we now go to the one hourly chart or even 50 minute shot I think one all is fine Though we can clearly see and we got rejected exactly in this level and yesterday in the free Discord I even told everybody lunar classic is looking ready to drop right now and just 20 minutes later you can see this exactly happened it’s completely free if you Want to join the Discord check out this link in the description uh and if you want to receive 100 of lunar classic for free check out Maxi as well that is where I’m trading and we have an exclusive event going on there just check out the link in the description Create your account and yeah it’s going to be added into your account pretty simple check out the link in the description to Discord and make c um and now let’s see what is really going on here because certainly not looking good so far you know I’m always transparent about what I Do and I clearly told you here I’m not buying yet I don’t trust this yeah I told you no reason to to enter a long position and now I’m here again I’m telling you there’s no reason to enter a long position we are between two crucial Levels the next level to the upside is one one four four one and to the downside 0.0009893 so we are basically in the middle of this and what I want to see next is that we establish some sort of range now how can that look like we can see here for Example we were trading this very successfully right but this needs time to establish so the next thing that I’m looking at is that we either reclaim the previous level to the upside or we find support at this bottom down here at 19933 so far no trade at all also it is Weekend right now so I don’t expect any crazy moves anyway but um generally speaking if we’re in the middle between uh the most important resistance and the support there’s no reason to enter anything right anything can happen right now and we don’t want to be positioned on the wrong side but essentially we Have two scenarios gonna go to the downside wait for this to really act as a support or reclaim this and then use this as a support however if we now get to the upside to one one four three one get rejected then I think it’s very likely that we’re Gonna get this range but of course that also would have to mean we must still hold this level right we do not know yet if this is actually going to hold so yet again we have to wait for very clear levels to establish and this can then lead to absolutely amazing trades we Could clearly see this value area if you guys watch my videos regularly you know how much I love to use a fixed range volume profiles to establish ranges and support and resistance levels and especially in this case the value area lowers acting as a very good entry Signal a couple of times uh this was the only time that I lost the trade in this whole range right a whole month one and a half month I I only lost a single trade with this because this just gave us absolutely ridiculous levels and you don’t need to over complicate things you Just need to be patient and wait for the levels to really come into play and to be validated as an important support give us incredibly and Incredibly accurate entries and now this is going to be the next thing that I’m looking at right other than that we don’t really Have any reason why not to get into a trade we can also see we are still below the for our EMA ribbon I mean one only and now acting as a very clear resistance right so if I would take a short trade that I would actually preferably take a short position however I don’t really short at the moment a lot I’m not really trading this I’m gonna wait for another level to establish where I’m taking a long position and if you also want a long or short lunar classic check out Maxine that is where I’m trading because they have the lowest Fees and I also showed you they have a really nice bonus exclusively for our community you actually cannot find this anywhere else I reached out to them and asked if we can do something for the lunar classic community and they said yes so big shout out to them for making This possible check out the link in the description and I just want to show you the fees here again because I think this is actually the best part of trading on next year 0.02 takeoff years and zero percent maker fees you won’t find fees anywhere else this low And also spot fees are literally zero percent so check them out the link is in the description I really think you should give them a try and as I said a really nice bonus for our community check them out the link is in the description also guys join the Discord I want everybody Of this drop that happened yesterday so it’s completely free check out the links in the description and now let’s continue with the update of Luna classic so we still have the one hourly EMA ribbon ahead of us acting as a resistance which was also a key reason Here why I did not enter a long position even though we were at a support right but you always need to put things into context and this was not looking very good if we look back now this reminds me a little bit of this whole face right here Um the the one hour EMA ribbon acting as a resistance actually does not happen that often um usually just happens after big drops and right now we did get this big drop so looking at this it looks fairly similar right so I’m gonna wait for the EMA ribbon to be crossed to the upside before that absolutely no reason to get into a long position right just gonna remain patient most likely they’re gonna be acting as a resistance now especially the 20 EMA we can clearly see the 20ma is the the yellow one this one right Here when we are below it’s going to be the first persistence when we are above it’s going to be the first report exactly to the dollar resistance here then here exactly to the 20 EMA and yet again here one only 20ma and then the next one but The 20 EMA is usually acting as the strongest level especially when we get get these quick moves right as explosive moves you want to pay attention to the 20 EMA that’s one of the most important levels of course in order for all the EMA ribbon just quite far ahead of us Perfectly aligning right now with the next resistance at one one four five three um so that is definitely that would be a level where I’m interested in taking a short position but yet again we want to wait for this to happen um I think it is a bit more likely we’re Gonna see a move down further because also Bitcoin is right now uh below all the important key levels you might have another key level at 26 745 but the next actual really important level will come into play at 125k 0.11 um so that is the next thing that I’m Paying attention to right now just staying on the sideline is perfectly fine I think whatever happens happens and the most important thing is to protect your Capital that is also why I’m always emphasizing you don’t need High leverage and don’t need High position size and I made very clear that Even here right I told you many times there is no reason to turn fully bullish right um and then yet again if you really paid attention to the videos you would know exactly that um many people get wrecked especially in these vehicles right but I I really hope That our community is really smarter paying attention to the videos because everything is pretty clear right we we want to wait for the levels to be established right now we certainly don’t have that so I’m gonna of course update you as soon as we get something else Um but yeah that’s pretty much for now otherwise we don’t have anything interesting right patience is no key that’s it for this update guys as always thank you so much for watching if you also want to trade a lunar classic or anything else check out a make C amazing bonus incredibly low fees Um yeah no kyc as well so you can stay Anonymous and also available to users from the United States so definitely give them a try and also guys join the Discord it is completely free a lot of valuable information shared over there that’s it for this update I hope you all Have an amazing weekend and see you in the next video goodbye 📈 *Trade on MEXC with 0% maker fees and get a $9100 bonus:* 👉 https://bit.ly/MEXC-9100 [Register, Deposit and Trade, Enjoy Bonus!] 👑 MEXC is my favorite exchange for the following reasons: 👉 0% maker fees on futures and spot! 👉 $9100 bonus 👉 NO KYC! 👉 Available to US users, NO VPN required! 👉 High volume and liquidity Join MEXC today: https://bit.ly/MEXC-9100 🌐 *Join our community:* 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