Assalamuwlaikum
Dear tron-fan-club friends and family.
I hope you are all well by the grace of Allah. Alhamdulillah I'am also well blessing of Allah.Iam @zobayerr
Today we will talk about Luna Coin.
We all know that the main coin of the crypto market is Bitcoin.We have been seeing for a few days that the price of Bitcoin has dropped a lot!
We all know that when the price of Bitcoin goes down, so does the effect of other alt coins.
Even after that other coins have some business of their own.
We know that the price of the coin called Luna has already fallen in the crypto market.
That's why we're going to analyze this coin today, and if this analysis helps anyone, then I'm successful.
So let's move on to the chart of Trading view.
You can see in the chart how much Luna Coin's candles have gone down.
Now if we want to analyze this coin we must first get the current support of the coin!
Coins have gone down as the price of Bitcoin has gone up.Then there are some issues of own company. There are some issues of supply.
As you can see in the chart, the price of Luna Coin has come down and broken the birth support.
Let's now look at the candle and make support.
As you can see, we have done this with support.
I have made support through blue color stains.
The first support that has been created below, that support has broken down.
We will now analyze how it went down and how many days this up-trend could go.
Now we will see if there was any kind of triangle or any kind of hint.
Let's take a look at the screenshot.
We can now see the movement of the bearish rising pattern.
Following the pattern, the candles shots came down.
Given the current situation, we can see that if the first support below does not hold, then the price of coins may fall further.If the price of bitcoin is normal then the price of coin should be stable.We can see that many buyers are trying to get the coin up.
The main reason we are talking about luna coins today is because we want to make it clear that no matter how low the price of luna coins is, we will not buy coins without analysis.You can buy the coin but if you are thinking of holding it then buy it.First the price of Bitcoin should be stable then we will buy all these coins.
I have shared my thoughts with you from my analysis.
Whether you accept it or not is entirely up to you. But according to this analysis, if anyone is benefited, I hope everyone will be there.
You have made a good analysis of Luna Coin. Luna is actually in a very bad situation right now. In fact, it was never expected.
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Thanks for supporting me
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Your post was upvoted and resteemed on @crypto.defrag
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You have explained some very important facts regarding Luna Project. In fact, it is very sad to see this incident happen with a Top-level project. Unfortunately, I have also been infected by this project.
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ohho! so sad!
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