LUNA - 1 HR BIAS UPDATE from last Feb 7
As expected bounce on our Support/Key Level.
If this hold on our support level, same with the 0.618 retracement. Possible a consolidation phase because weekend is coming create a wick on weekly candle.
We can possibly entry when bouncing on 0.382 then bounce back to 0.5 level to create a higher low structure. (Bounce Play)
If not, Create a new resistance on those level and will go down in 46.685ish.
I'm still bullish in the Daily TF but if this level on support we monitor collapse, this will go down. but we'll see. Maybe I am wrong 100%.
Always, trade what you see not what you think.
Comment down below your thoughts in this coin.
If this hold on our support level, same with the 0.618 retracement. Possible a consolidation phase because weekend is coming create a wick on weekly candle.
We can possibly entry when bouncing on 0.382 then bounce back to 0.5 level to create a higher low structure. (Bounce Play)
If not, Create a new resistance on those level and will go down in 46.685ish.
I'm still bullish in the Daily TF but if this level on support we monitor collapse, this will go down. but we'll see. Maybe I am wrong 100%.
Always, trade what you see not what you think.
Comment down below your thoughts in this coin.
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