Seumas

LUNA 1H IDEA

Seumas Updated   
BINANCE:LUNAUSDT   Luna / TetherUS
Inverted H&S which I drew while it was happening, into BP and then a break out with a drop after the flash crash. Cup and Handle seeming to be formed. Orange box is historical support and resistance area, and the fib levels area accurate for both H&S and C&H, almost all major price action taking place along orange box or a fib level.
Comment:
Forgot to add that if cup and handle is not respected, I still expect the fibs and the hsitorical support and resistance to be accurate, as they have been accurate for a long while
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.