Luna Readies the Tumble

Based on my personal review and assessment of Luna's all-time price action, it is my belief that Luna is due for a terribly large correction. As always, my predictions are based solely on Elliott Wave Theory and the careful application of the science.

I've suggested to Digital Surf members to at least consider the option of taking profits so, I'm gonna suggest the same here.
If you own Luna/Terra, (imho) consider selling it.
ALL OF IT.

Maximize profit.
Minimize loss.

Trade active:

After closer consideration, I'd like to update this post. Instead of a $4 target, Elliott Wave suggests that there is a good chance that price will draw down towards $2.48 instead.

97% drop from current price value.
A very, very diabolical call indeed :)

Comment:

Luna enters draw down --

Comment:

bearly bullish --

Comment:

Bulls get one more chance to sell it all near $100. If not, they will grow to soon hate Luna's price action :)

Order cancelled:

With Luna invalidating the macro 'Flat' pattern, only few options are left as for legitimate patterns. Of course, I've been calibrating the wavemap still.

If this pattern plays out over the next few weeks/couple of months, all Luna investors should take caution and put profits in the bag.