P_S_trade

Terra Luna 1D Soon again rocket launch to the moon?

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BINANCE:LUNAUSDT   Luna / TetherUS
Terra is a blockchain protocol that uses stablecoins pegged to fiat currency to provide a stable price for global payment systems.
LUNA is a Terra token that is used to stabilize the price of protocol stablecoins, and LUNA owners can submit management proposals and vote for them.

For 4.5 months, the cost of LUNAUSDT soared by x80 and this is a cool result.

After a strong rally in growth, a logical correction began. At first, it was smooth, were those who were more cunning were selling out, and during the fall in May, the correction became simply vertical downward. As a result, the price of LUNAUSD corrected by -82% from the maximum.
Further, LUNA investors were waiting for almost two months of consolidation in the zone of $4.70-7.50.
Now we don't really want the price to fall below this consolidation, it's time to complete it and grow back. For this, buyers should not be allowed to drop the price below $5.

Below $4.70-5, there will be an area for a fall, where $3 can act as the first level to stop.

Although, as can be seen from the chart on the way up, more or less liquid zones were $0.77-0.88 and $0.40-0.50, even we hardly believe in such a pessimistic forecast.
Therefore, for now, we take the white scenario as a basis.
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