LUNCUSDT - Horizontal Bottom
I expect price to keep moving down towards this horizontal point of support which has seen two prior bounces off it on this daily chart.
If a move like this happens it will flip price back bullish.
If there is no bounce bears are still in control and price will probably slip further down.
If a move like this happens it will flip price back bullish.
If there is no bounce bears are still in control and price will probably slip further down.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.