Bitgolder

LUNA CLASSIC LUNC Dont Get too Excited About This Bounce! .00012

Short
Bitgolder Updated   
KUCOIN:LUNCUSDT   Terra Classic / Tether
Luna Classic is still in its corrective/consolidation phase. The bounce was just a hype bounce, with new lows coming. As you can see a very similar type of bounce happened with LUNA in the first run but then was followed by a slow downward bleed with wicks much lower along the way before the next run up. My downside targets have not changed. I still see .00013-.00014 playing out before any type of next rally, with wicks down to .00012-.00011. Dont keep falling for the hype while the whales take dumps on your face. You can burn 99.99999% of LUNA and it'll still be shit that no-one wants. I mean I don't see any real world use case for this other than to make money trading it kinda like POGS were back in the 90's. Anyone remember POGS or milk caps? Anyways just though Id throw some common sense back in the mix of all these moon boy Luna ideas on this damn thing and save some of you poor saps some money. This is not trading or financial advice this is just my opinion. Leave a comment below and tell me what you think. Thank you and good luck.
Comment:
Also I think after the slow bleed back down close to previous lows I think LUNA classic might have another run but it will follow the rest of the market. This will be wave 5 of Lunc with a top target maybe to .001 but that is even a stretch.
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