Lunc
Potential Rally LUNC experienced a strong 80% rally on the 26th of September and has held onto it's gains pretty well. Currently, if you look at the 4H chart a potential cup and handle pattern is being formed. Back to the 1D chart LUNC held support at $0.000268 a level with much confluence. The trade setup that I am looking at is having a stop-loss as tight as possible or under support if you're looser with your stop, I prefer to reenter the market. A take profit within the green box near the 0.618.
LUNC at support. Possible hidden divergence.Hello, dear TradingView members.
This is a LUNC idea.
LUNC has been pushing down on the Bollinger Bands for a while now. It seems like the price has been decreasing for those who are opening futures positions.
However, the price has been moving above a dynamic support area and seems like it has reached that level again; If you take a look at RSI, you can see a possible hidden divergence forming a short-term uptrend.
Also, the price has just reached the static support area (green box on the chart), which can push the price back up.
There are two resistance levels on the way up, so be careful with your positions and activate your Stop Loss.
RSI is near the oversold area, and the price has more room to go up.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
FTC Is Feathercoin Being Accumulated? > Github 22000 Commits!!!FTC has gone on a nice little run these last few days. Feathercoin is a true OG of the crypto world, its a fork of Litecoin from back in 2013. Feathercoin aimed to make transactions even faster than Litecoin and even cheaper. Fully decentralized and still using the most secure POW consensus mechanism. Some might think its a dead project but I think its in the works of a revamp. Obviously just speculation but you never know. Remember when everyone suddenly wanted Groestlecoin a few years back. That was "dead" coin that spiked like crazy and got into the top 20 I believe at the time, it went from $.0007 to $3 dollars, thats a 5000x and there was enough liquidity to sell the top, I know, I did. Never know what could happen I mean just speculating here but what if all these old Bitcoin and Litecoin forks that are supposedly dead start to be bought up because they are the true OG's of crypto and have withstood the test of time for over 10 years and are 100% decentralized? Either way the price is super cheap so Ill probably buy a few hundred dollars worth and hold for now and at under a penny the deal cant be beat.
Also back when FTC first came out it was hit by a 51% attack as well as Litecoin and a few others. At that time they implemented advanced check-pointing to prevent against 51% attacks in the future.
Also randomly in 2018 a swiss billionaire investor Rainer-Marc Frey said he would focus on the development of Feathercoin. That is kind of strange to me and then nothing more was said about it since that article. Also FTC has been active on Github and hasn't stopped. THERE ARE ALMOST 22,000 COMMITS. Thats not a dead project in my eyes and its a lot easier to work on something when there isn't very much congestion on the network, so during the years of downtime FTC seems to have been working out all the kinks. Just for reference the top cryptocurrency Bitcoin, has had 35,000 commits and Litecoin around 12,000. Either way I like the old forks that were once on the top of Coinmarketcap, its nostalgic. I will leave the details about the Swiss investor and Feathercoin below. This is not trading or financial advice this is just my opinion. If you enjoyed this then please support my work by giving me a boost/like and follow me. Comment below, thank you and good luck everyone.
Swiss investor Rainer-Marc Frey is expanding his position in cryptocurrencies by investing in a prominent five-year-old alternative to bitcoin currently undergoing a revival, finews.com has learned.
The fund-of-hedge fund pioneer is going deeper into the cryptocurrency world, after an initial investment in a digital token asset manager and trader. Rainer-Marc Frey is putting some of what Swiss magazine «Bilanz» reports as his 1.25 billion Swiss franc fortune into feathercoin, according to a blog post on «Medium».
The move coincides with a foundation set up in Zug last week to foster and promote the five-year-old token's development and acceptance, which has got a fillip from the return of developer Peter Bushnell at year-end.
Returning to Feathercoin proper in the new year to start work on the 0.13 release. The 0.13 codebase gives us the latest soft forks and will then allow us to join other services like Lightning Network, BarterDEX and others that make use of newer tech. #Feathercoin #FTC
— Peter Bushnell (@bushstar) December 17, 2017
Bushnell, who is based in Oxford, had worked as the tech chief on another coin project for roughly two years, but said last month he would focus on feathercoin. He is now balancing the development with commissioned work «which allows me to pay the bills and spend time on feathercoin,» he said in an online question-and-answer session earlier this month. The cryptocurrency forked or split off from litecoin in 2013.
Repeat Crypto Offender
Frey, among the billionaires spotted at a glitzy St. Moritz crypto confab in January, invested in feathercoin through Hyperion Capital, a Swiss vehicle backed by several wealthy investors.
He has dabbled in fintech and crypto investments since selling his hedge fund boutique to Man Investments 16 years ago: he is also an investor in Crypto Finance, a Zug-based investment firm which is seeking a bank license. He also owns a sizable stake in Leonteq, a derivatives boutique.
Feathercoin's foundation is flush enough to hire three developers, and is also setting aside coins to reward outside contributors. «The Feathercoin Development Foundation will kickstart further software development, and its resources will help see new and existing projects to completion,» the foundation said.
Courting Controversy
Feathercoin's foundation will be presided by Lucas Betschart, a Swiss cryptocurrency advocate, and include Bushnell, Swiss investor Oliver Wolfensberger, and Frey associate Stephan Masek as board members.
Swiss foundations have become the go-to legal structure for cryptocurrencies, but Switzerland has also courted controversy because of them. Tezos, a prominent cryptocurrency project, became mired in a months-long bitter feud between its foundation head and U.S.-based developers following a record $232 million fund-raising.
Rising Wedge On LUNCSeeing a possible rising wedge on Luna Classic, a bearish sign, which on break out below the support will give us a price target around .293 if it happens within the next few hours
is Luna Classic LUNC still bullish?since my last idea on LUNCUSDT, some of my expectations have come true.
a person commented on my last idea, that the price will go to 37 then falls to 22 and at last goes up to 120
my expectations are clear on the chart, sorry for the messy environment
increasing in the volume indicator, shows promise that the price will go to 37 area again
and then, I think we can go down, and be in 22~24 price range.
hope you succeed
DYOR
falling wedge on 4H Charthello All,
what im looking next is this falling wedge on 4h Chart.
Thats is what will playout imo.
We going to try the 35 area again and try to break it.
NFA
Good trades.
Luna - will the buyer prove his point? Locally you can see the appearance of purchases on the instrument. There is a progress result and volume bursts on the buy bars. There is a possible test of the upper border of the Buy zone; if the test is successful, we can observe how the price behaves when resuming purchases. Then we monitor the resumption of movement and assess the strength of the buyer when approaching the sales area.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Big Cup and handle forming on 1hHello all,
Looks like the down trade was broken and we forming a big cup and handle pattern.
That is what i expect. We goingo parabolic.
A little pullback to form the handle and a push to upside.
NFA.
Good trades.
Lunc cup and handleLunc cup and handle.......................
..............................
Go for it.
LUNC i am gonna open scalp long at Blue zoneLUNC i m gonna open scalp long at Blue zone
i smell money today