Markets achieve significant lows (or troughs) at the beginning (or end) of a cycle and i would be using significant highs and low pre and post luna crash to make my case
All time High- $119.55 on April 4th 2022 All time low - $0.00000010 on May 13th 2022
Pre Crash- LUNA
The Whole movement from august 19 2020 to 'Friday 13th 2022 can be interpreted as a downward A-B-C correction.
inception price at 0.60000002 on August 19 2020 to 0.27520001 on November 3rd 2020 is Wave A down
from 0.27520001 on November 2 2020 to 119.55 on April 4th 2022 is Wave B up
from 119.55 to 0.00000010 on May 13th 2022 is five wave down for wave c
Post Genesis- LUNC
0.00000010 low on May 13th to post genesis of LUNC high of 0.0002900 on May 30 2022 is wave 1- see graph
LUNC high of 0.0002900 on May 30 2022 to 0.00009150 on June 1 2022 is five wave down of Wave (a) of 2 - see graph
0.00009150 on May 30th 2022 to 0.00010540 on June 2nd 2022 is wave (b) of 2- see graph
from 0.00010540 on June 2nd 2022 to 0.00004930 on June 8th 2022 is Wave (c) of 2- see graph
June 8 low of 0.00004123 is the start of wave 1 of 3
Wave 3 is never the shortest wave - we may be in for a significant upside potentials for LUNC
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