So following on from yesterdays update on LUNA, I notice that a lot of people believe way to much about what is happening on the supply side.
Nobody knows exactly what kind of big players or whales have a vested interest in making LUNA recover from this crash or why it ever happened in the first place.
Fundamentals cannot possibly explain why this happened or who caused it.
The waves simply offer a way of explaining the price action that is being observed.
The question is, do you know what the price action is trying to tell us?
LUNA has performed in ways that not many other Cryptos have in recent time and it's pretty obvious to see that when you look at the price action leading up to this.
I will try my best to bring you regular updates with regards to how I see this playing out according to AriasWave.
I don't use emotion when observing and labelling the waves however AriasWave does give me enough clues to make assumptions that can be easily explained.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research[b/] instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.