The collapse of Terra's LUNA and TerraUSD cost investors over $40 billion.
Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide.
This project made investors lose trust in the crypto space as well.
The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra...
Hi everyone.
As shown in the chart , the Luna completed a five leg cycle lower,
with that in mind,
Bull market:
As shown in the chart (black line), the length of the rise to the peak of wave 3, multiplied by 1.236, gives almost (exactly) the distance from the end of wave 3 to the peak of wave 5 (multiplied by 1.618, gives almost the distance from the end...
A Malicious Attack (UST---> BTC----> Luna).
(as you know) Luna Foundation has been buying large quantities of bitcoins for some time, ( purpose in doing so was to provide financial support for the UST (the Luna Foundation holding ($ 2.4 billion) worth of bitcoins).
On May 7, 2022, an unprecedented move, $ 2 billion worth of UST tokens were taken out of the...
The price has formed a symmetrical triangle and is preparing to break through its boundary. A breakout of one of the boundaries can determine the nearest price movement trend.
#LUNA/USDT TA Update:-
#LUNA 1.0 = -99.99% Dumped
#LUNA 2.0 = -88% Dumped
When #LUNA3.0 ..?
If hold #LUNA $3.30 Support Then we can see $4.20
Otherwise Next Down Wave at $2.5
Besides of recent mismanagement of their stable coin ,Luna still the same good project as it was 10 days ago. It is extremely risky to trade this coin but what If taking high risk offers you high yield? I personally decided to take a small risk that I can lose and bought myself some luna at this levels.
LUNA CRASH to Zero - Elliot Wave Analysis Lunabtc lunausdt
everybody waiting to back on 0.1 or 0.01usd but on chart next hit is $22 , who will buy all that dumped supply ?
LUNAUSDT trade can see zero bottom again even go in negative territory if trade fails to cross resistance yellow area. Trade will be range bounded between two bars. Invest in this coin cautiously after careful consideration.
