Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LUNCUSDT, as we clearly see price trading inside this bearish channel
So, for now price is around a support, where we are looking for buy setups right !
So, for the bulls to kick in and prove control we need a break above the marked neckline which is a major swing high
Until that happens, we are still clearly bearish, and we can still break our support
If that happens then a movement lower to the next massive support zone would be expected
If you like this kind of analysis don't forget to like and follow
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
LUNCUSDT, as we clearly see price trading inside this bearish channel
So, for now price is around a support, where we are looking for buy setups right !
So, for the bulls to kick in and prove control we need a break above the marked neckline which is a major swing high
Until that happens, we are still clearly bearish, and we can still break our support
If that happens then a movement lower to the next massive support zone would be expected
If you like this kind of analysis don't forget to like and follow
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
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See you there: t.me/Snipers_F_x