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Hello friends and companions of Trading View

This is my opinion perhaps, One of the reasons for the fall in prices! The sudden sale of large volumes of UST (Luna-affiliated Terra network coin) by whales (affiliated with the Terra community and possibly the builders), followed by UST problems and the rise of Luna coins to protect UST , drastically reduced prices and It was finally dumped

Currently, after the start of trading on May 13 and a sudden increase in price with a high volume (dead cat jump) more than 60K% from 0.000001 to 0.000595 and re-correction of the price, forming a descending triangle (if the dump and start of trading from May 13 is calculated ) The price correction caused the support of MA 50 (blue curve) to close to the price and from 7:30 today 15 May to provide the necessary support (until now) to prevent further reduction.

* Trading volume is low If the trading trend is downward, there is a possibility of breaking the triangle downwards and testing the support area or based on the fears of ATL traders *

tip :
* Trading volume is very low (could be a sign of decline in the future)
* The average resistance to continue the climb is $ 0.00035
* Trading above MA 50 (blue curve) can be expected to test resistance
* MACD indicator shows low buy (neutral)
* RSI indicator below the sellers line is at 23 (over-selling)

I tried to identify the points of support and resistance for you, Trade smartly, Good luck.

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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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********************************* pay attention ****************************

* News and especially Bitcoin transactions have a great impact on Luna process
* The above content for information, is not an investment proposal

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