The video masks speculative fervor with technical jargon, offering "prophetic" price targets that lack any fundamental or economic grounding. It serves more as a psychological anchor for retail investors than a rigorous market analysis.
Deep Dive
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Deep Dive
LUNC & BITCOIN MARKET UPDATEAdded:
Okay guys, so this quick video here is in response to a question that I received concerning LUNC.
Uh some people had asked if I'm still bullish on LUNC and if this LUNC pump will continue.
And the short answer is yes, I'm most definitely still very very bullish on LUNC.
You see, but whenever it comes to LUNC, I would think with majority of the coins that are out there, much depends on Bitcoin, unfortunately, uh what Bitcoin is doing. So, first, let's quickly jump into the charts here to see if we can decide and figure out what Bitcoin is up to first. And then we'll go right over to the LUNC charts.
So, this is a Bitcoin on the daily, guys.
And as I've highlighted as I as I've illustrated to you guys in my previous upload, Bitcoin is still in a bear flag on the daily and also on the weekly as well.
And it's been trading within this bear flag channel for a number of days. It has reached almost at the top of the channel here and it appears to be rolling over.
However, I don't know if it's going to use this purple line right here as support and continue on to pump up to 85,000.
I don't know, perhaps it may do that or it may not do that.
No one's entirely sure as to when it's going to break this bear flag. One thing is for sure though, and this is what you need to understand.
Unless they come up with something to create a spike from the current level that it's currently at because they they they can most definitely do it.
They can manipulate the price further.
They can come up with something that will cause it to pump up further to into the 80s and even into the 90s.
They have the power to do that. So, unless they do something that will cause Bitcoin's price to pump higher, one thing is for for sure, it is at some point going to break out of this very bearish trend that it's currently in, out of this bear flag. And it's going to roll over and come break out of the bear flag, which is below this blue line here. And once it does that, it's going to come all the way back down to 60 and it's going to take out 60, guys.
So, you guys need to understand that.
So, that is Bitcoin on the daily.
Now, this is it on the weekly.
As you guys can see for yourself, it's on a steady incline. Right now, it has ran into this I wonder if I can maximize this.
So, it's on the weekly and it ran perfectly into this purple line, as you guys can see right there.
So, it's currently using 81,800 as a resistance, right at this purple line.
And let me minimize it back.
Now, if it fails to get above this purple line and start to close candles above it, that's it for Bitcoin, guys. It's going to new lows. It's literally going to come back down to 60 and it's going to take out 60. That's if it fails to get above this purple line that is currently using as resistance.
Very heavy resistance, as I've mentioned to you guys, based off of this candle right here and over here as well. Very strong resistance. If it fails to break this resistance here, guys, every trader, I believe, would would know what's coming next. Because it's going to roll over and it's go going all the way back down here. It's going to break out of this this bear flag and it's most definitely going to take out uh 60,000.
Now, as regards the monthly, let me show it to you on the monthly. Okay, guys.
So, this is Bitcoin on the monthly charts.
And I'm going to go ahead uh let's see first if we can get rid of these uh Let me get rid of these blue line.
Okay.
Get rid of that.
And this.
Okay, so let me go ahead and maximize it so you guys can see what I'm talking about here.
And this is very important.
Okay, so this is uh Bitcoin on the monthly time frame.
As you guys can see, all of these candles, I think it was from uh March, it has been using this purple line here as resistance.
And the higher the time frame, the more powerful it is.
So, it's been getting rejection these past 3 months, including this one. So, we're on this month and we see that it pierced it.
You you guys see it right here.
In this month of May, it went ahead and pierced it, but it was subsequently sold off.
It was sold off, guys, after it had pierced it.
That I mean, we're still early in the month. We're we're just today is the uh 13th. Today is Wednesday, the 13th.
So, we still have a ways to go before the end of the month, but still if it continues to remain beneath this purple line and even closing this monthly candle anywhere lower, kind of like some like a like a hammer candle or even a bearish hammer candle, like this one, it would spell bad news. It would be like a double confirmation. As a matter of fact, all of these candles closing beneath this purple line are are they all of them are acting as confirmation uh that Bitcoin is getting ready to roll over because it's currently getting rejected uh beneath this line right here. All three of these month monthly candles right here is telling you that it is ready to go lower. That's what they're telling you. That Bitcoin is gearing up in preparation to roll over to go lower and to take out 60,000.
So, coming come at the end of the month which is what is it? Uh 2 weeks from now? At the end of this month it's very important that we pay attention to where this candle's going to close.
If it proceeds to pump above this purple line and then close above it, yay! You see? Because Bitcoin is going to flip that would indicate that Bitcoin is flipped bullish.
On the monthly time frame. However, if at the end of this month Bitcoin proceeds to close anywhere beneath this purple line as it's been doing this whole time then what? What do we know?
We know that it's going to go it's going to crash further because that would be very very bearish because that would then be three monthly candles closing beneath.
So, we know that it's going to go lower.
And as I said, unfortunately, it affects all the other coins including LUNC. But, let me pull up LUNC. Regardless of that fact I'm still pretty bullish on LUNC even regardless of how Bitcoin looks.
I'm still very bullish on LUNC.
Okay, so this is LUNC on the daily charts.
And we see that it had that uh step formation going up even as our brother had mentioned that he saw in his dream. And the question now arises the question now is is this that formation that our brother had mentioned, Mr. Evans?
Of the step formation and then a hard crash.
I would say, you know, you we can't entirely rule that out. It's not it's not at all impossible. It could be it could be what's playing out. But as for myself, personally, I am still bullish and I wouldn't be selling out of LUNC.
You say, "Why? Why wouldn't you be selling out of LUNC?"
Let me show you. It's pretty simple.
LUNC has now broken out above this blue line that I've put up here, out of that protracted uh wedge formation, that bearish wedge formation.
Right? And from the moment that it did that, what has been confirmed is that it's now in a new cycle.
Cryptos in general, all every cryptocurrency, they move in cycles.
So, we're in a new cycle based off of these candles right here, that has broken out of this long protracted uh bearish wedge. So, this new bull cycle, this is only just the beginning.
And in the bull cycles, in the pumps, you're going to have pullbacks.
Even as I've told you guys, I've been calling for this pullback. I think I mentioned it in my previous video about LUNC that we need a red weekly candle because nothing goes straight up.
Look at this, guys.
Look at these uh how many is it? Around six green weekly candles for LUNC.
And so, I knew that this red candle was coming.
You see, it doesn't surprise me at all.
I'm very much well aware and was expecting this red candle, and that's pretty normal, very very normal.
So, that is the reason why I wouldn't be selling because we're basically at the start of another bull cycle.
In the bull cycle, you will have a lot of pullbacks. You will have a lot a lot of pumps and a lot of pullbacks. And what you guys need to understand is that the pullbacks are normal.
You know, especially for you guys that are new, don't let uh these red candles shake you out of the markets. You end up missing out and losing whenever you do that. So, all you have to do is just hold.
Hold and set your your higher uh sell orders up around the 1 cent area because I personally do believe I almost can say that I know almost, guys. I can almost tell you that I know.
But, I personally believe strongly that we're at the start of this 1 cent move for LUNC. Regardless of the fact that if Bitcoin were to head down to 50 grand we may have LUNC reacting with Bitcoin as well and it may have a fake out to the downside. Why it would be a fake It would be an obvious fake out.
In essence, it would be uh what we call in the cryptosphere a bear trap, which means that it would act as if it's about to crash when it's actually a fake out.
So, it would have a fast dip reacting to the Bitcoin crash looking something like this coming down only to snap back really fast really really fast, very violently and coming up and taking out this candle perhaps taking this one out and coming all the way up to one of the numbers I've told you guys before at 3025.
Because these these price points that I've told you guys about, it's definitely coming up here.
It doesn't matter how or when.
I know that it's coming up here, guys.
You see, at the 3018 at the top of this candle right here I know it's coming up here. And then afterwards, it's coming right up here as well.
Uh Uh 3025.
And once you see get once you see LUNC gets up to the up to these areas up here at the.302 uh 302, I wouldn't be selling any of my LUNC if I were you. I mean, none of what I'm saying is financial advice, but this is what I'd be doing.
I would be holding because the FOMO for LUNC hasn't even started yet. You haven't seen anything. The pump for LUNC hasn't even started yet. And whenever I believe that the FOMO is going to kick in once it clears this area.
You see, and the majority of the whales starts to pouring into LUNC.
And it's going to take out another zero much, much faster than it took out this one down here.
Way faster. I believe that's going to take out two zeros at warp speed, guys. Very, very fast.
So, I wouldn't be thinking to sell any of my LUNC. That is if I were you guys.
I wouldn't be selling any of my LUNC because like like I just mentioned, even if Bitcoin were to start crashing towards that 49k that I've been expecting, yes, there's a possibility that LUNC may react with it and start to some people may panic and start to sell off, but that sell off, mark my words and please understand, it will be a fake out. It would be a bear trap.
You see?
And you want you don't want to get shaken out of the markets right as LUNC is getting ready to pump.
Just hold and do not be fearful. The ones that that hold for the long term, they're the ones that are going to take the most advantage of these pumps.
You see, and this pump for LUNC.
So, that's all you guys need to do.
So, guys, I really do hope that answers your question in regards to LUNC.
Uh much depends on Bitcoin. Bitcoin is is currently still struggling. It's still fighting resistance.
As hard as it can. Will it win that battle?
Will it proceed to pump above this purple line here?
That would be good for LUNC because then it would continue on with its bullish momentum that it began a couple weeks ago. But like I just stated, either way, guys, either way, I'm holding on to my LUNC.
And this red candle that we're having here on the weekly is not at all unusual.
This is pretty normal. I expected it.
And it's better this way. We can't have all of these green candles stacking up like that. We can't have too many of them. Otherwise, it's going to become un- unsustainable, and we don't want that at all. We want a healthy pump.
We want it to pump, consolidate, even as it's doing now, and then continue to pump higher.
And as I just stated, I may not be able to tell you when, but I know that it's going to come up here.
Now, I think it's from tomorrow, the 14th, going into the 1st of June, was that uh time period that was prophesied by our sister there from Miracles in the Mud. So, it's around that time period we're coming into that window where it is prophesied for LUNC to take off.
It's a It's a period. It's actually a period of time, a window lasting starting from around tomorrow, which is the 14th, going into around the first part of June. So, we can expect something that will be the catalyst, which I'm pretty sure that is coming.
It's going to cause LUNC to explode. And I'm expecting it, guys.
And either one of the scenarios can play out even as I've shared the scenarios with you guys as well.
Either Bitcoin uh crashes down to 49k then have a rebound and then LUNC will follow suit as well, have a a tiny sell-off.
A just a small sell-off but a very quick snapback because it's not going to stay. It's going to be bought up in within minutes it's going to be bought right back up and take out whatever highs it currently or it recently had.
And come all it's going to do it very very fast. Either it's going to happen that way or the governments are going to I don't know, maybe they pass the Clarity Act.
Uh who knows? I don't know how it's going to play out, guys.
And then Bitcoin breaks above its resistance that it's fighting so hard. So, I don't know.
Let's go ahead and watch it together to see how it's playing out.
I told you, you know, what my position is. I'm not selling.
The idea behind these coins is to buy them low and ride them up to the prophetic price points because LUNC is currently in a new bull cycle.
And you need only just buy and hold. The same thing applies to Kishu Inu and all of these other uh prophetic coins. You buy them low and hold for the long term.
That's how you profit the most out of them. So, I hope that I've given you uh some clarity and have answered uh the questions that you guys have asked.
And I think that's it. That's it for this video. You guys now please take very good care of yourselves. Peace.
Shalom. Until next time.
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