🌔LUNA: is it time to PANIC or time to BUY? Guys, wake up!
Updated
🎯Hi friends! From the top 7 most capitalized crypto to the top 32 in 2 days! WOW! Is this really the end for LUNA? In this idea, I will share my thoughts on this project and show you some hidden from retail traders point of view.
💹Luna is already droped by 97% from it`s ATH. It`s not something unusual, it`s a common things on crypto market (2017, 2020), but the cryptowinter become much earlier for this altcoin. Here is more opportunities than at any other markets because there is a lot of beginners that scared when it`s time to open a trade and so greedy when it`s time to close a trade. That's why the crypto is so volatile.
✅This could be the biggest scam in cryptocurrency history or the best buying opportunity in months. If you want to buy this altcoin use small % of your capital and open the trade only after your strategy confirmed it. Leverage is very dangerous at this moment because the market is too volatile, so use spot only.
As you may know, the UST has lost its peg to the dollar and has already fallen to $0.25 per UST today.
Why did the collapse happen again? All of the Bitcoins that were on Luna Foundation's security were withdrawn from major accounts and sold to secure a peg to the dollar, but that dump the price even lower.
📊I marked 2 value zone for LUNA in the recent idea. The second one is a support for the price now. So if you want to get more info about LUNA techical(TA) and fundamnetal analysis, please check it!
🚩Treasury Secretary Janet Yellen at Tuesday’s Senate Banking Committee hearing said that stablecoins present ‘risks to financial stability.’. This message from the government officer is so clear. Maybe it`s time to hold different stablecoins (USDT, BUSD, USDC etc.) on your wallet or exchanges.
🦢Maybe stablecoins BLACK SWAN is coming?
Let me know in comment what do you think about this situation on crypto market?
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
💹Luna is already droped by 97% from it`s ATH. It`s not something unusual, it`s a common things on crypto market (2017, 2020), but the cryptowinter become much earlier for this altcoin. Here is more opportunities than at any other markets because there is a lot of beginners that scared when it`s time to open a trade and so greedy when it`s time to close a trade. That's why the crypto is so volatile.
✅This could be the biggest scam in cryptocurrency history or the best buying opportunity in months. If you want to buy this altcoin use small % of your capital and open the trade only after your strategy confirmed it. Leverage is very dangerous at this moment because the market is too volatile, so use spot only.
As you may know, the UST has lost its peg to the dollar and has already fallen to $0.25 per UST today.
Why did the collapse happen again? All of the Bitcoins that were on Luna Foundation's security were withdrawn from major accounts and sold to secure a peg to the dollar, but that dump the price even lower.
📊I marked 2 value zone for LUNA in the recent idea. The second one is a support for the price now. So if you want to get more info about LUNA techical(TA) and fundamnetal analysis, please check it!
🚩Treasury Secretary Janet Yellen at Tuesday’s Senate Banking Committee hearing said that stablecoins present ‘risks to financial stability.’. This message from the government officer is so clear. Maybe it`s time to hold different stablecoins (USDT, BUSD, USDC etc.) on your wallet or exchanges.
🦢Maybe stablecoins BLACK SWAN is coming?
Let me know in comment what do you think about this situation on crypto market?
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Note
Comment: Hi friends! I made the idea about the next Black Swan that may heppen soon. If it heppen to one UST is it heppen to another stablecoins? Maybe all stablecoins are in danger? I hope it will be very useful in current market conditions.
Note
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