LUNA CLASSIC HEAD & SHOULDERS FORMED AS PREDICTED > SLOW BLEED!LUNC is moving exactly as I predicted in my last chart (ill link it below for you non-believers). The head and shoulders has formed and LUNC is trading below it now. The neckline is broken and the price is hanging on by a thread at this point. A huge drop is coming for the measured move, down to at least .00018 and then a bounce there at the dynamic support level up to about maybe .00024. Then a quick drop back below .00018 and then a slow bleed to major support around .00009 and wicks lower to .00008 is very possible once the panic selling starts and the staked coins start to become un-staked and sold. Anyone who is staking LUNA is screwed in my opinion cause it takes something like 20 days to unstake and by the time they get them the price will be .00009 if they are lucky. LUNA CLASSIC will never burn the coins everyone is hoping it will burn. All this burn talk and Binance burn is to literally keep the suckers hanging on so the big fellas can dump it on their chin. Oh and for USTC to re-pegg it needs to be trusted and used as a stablecoin, that will never happen so drop that idea right out of your heads right now. Shame on LUNA for screwing you all the first time but, Shame on you all for getting screwed twice in a row with this sh!tcoin! Also for all the you-tubers out there pumping this piece of horsesh!t, phuck you too, you're all sh!tbags for screwing over innocent people so you can get your damn clicks, karma is a MF. Get phucked!
THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINION. GIVE ME A BOOST AND FOLLOW IF YOU WOULD LIKE TO SUPPORT MY WORK. THANK YOU AND GOOD LUCK OUT THERE.
THIS IS MY PREVIOUS CHART I MADE SAYING THAT THE PRICE ACTION WAS NOT GOING TO FORM NEW HIGHS WHEN EVERYONE WAS SCREAMING LUNC NEW BULL RUN. I SAID INSTEAD IT WOULD FORM A HEAD AND SHOULDERS AND THEN CONTINUE THE DROP.
