LUNC sideways
as you see with black arrows, lunc had divergence and we down. now lunc sliding on support (black area). 2 MAs red and orange still crossing, this mean consolidation, lunc havent direction now. All depend on red MA now, as we are still under, it can push price more down.
Yesterday we had strong red candle (in orange circle) what created this new black support zone.
Our bottom is now 400, under we will go to red support zone 300
Our top is 500 , what is actual red MA where i think will go ... actual now on this 30m is sideways signals, better range / stuck between 400 and 500 ... so if we break 500, we will go more up and new high, if we break 400, then we will go 300.
If you want open trade now, not recommend, wait for break, after buy can buy with safe buy or on dip.
Yesterday we had strong red candle (in orange circle) what created this new black support zone.
Our bottom is now 400, under we will go to red support zone 300
Our top is 500 , what is actual red MA where i think will go ... actual now on this 30m is sideways signals, better range / stuck between 400 and 500 ... so if we break 500, we will go more up and new high, if we break 400, then we will go 300.
If you want open trade now, not recommend, wait for break, after buy can buy with safe buy or on dip.
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✅ Market overview.
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