assetsandcoffee

LUNA - 4 Hour - "Difficult For Even Veteran Traders"

assetsandcoffee Updated   
KUCOIN:LUNAUSDT   Terra / Tether
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🛑Disclaimer: My mission is to provide traders with the most realistic perspective. Sugar-coated analysis is not welcomed here🛑

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➡️Technical Standpoint⬅️
1.) 0.000424529 is a distribution level for big money.
2.) LUNA still has room to drop to 0 overtime.
3.) No significant accumulation on the backend.
4.) Overall selling pressure is beginning to decrease on the weekly.

➡️Fundamental Standpoint⬅️
1.) Old News - Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
2.) This is more or less ""beating a dead horse"". I will make some things clear though for the people that lost big in this crash. Do Kwon got thrown under the bus hard, with a lot of ""convenient"" and properly timed evidence surfacing, to make sure he and any linked team members take the fall. Don't worry about the people that actually caused the crash, they are already gone. Psychological warfare and deception at its finest.

➡️Trade Difficulty | (1 Being Least - 5 Being Most)⬅️
1.) 5
2.) If you are not a volatility trader, this is not the most optimal environment for you

➡️Current Season⬅️
- BTC, ETH, and Large caps

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..📚Indicator Legacy/Definition(s)📖..
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✨ Moving Averages(MA): ✨ TD Sequential (TDS): tradetrekker.wordpre...ss.com/tdsequential/


Comment:
Based on the 8hr timeframe. Looks like it will be making another attempt at 0.000188843

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