Bouncing
Bears are showing signs of exhaustion. The price is being pushed back up.
Note
The red candle that has been forming on the 4h is pretty ugly. Trade with caution.Note
Support at $0.043 must hold.Note
Support is holding, and LUNC is showing some nice price action, but we're not out of the woods yet.Note
MACD, RSI and Stoch are in better shape than they were in the 1h TF.
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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.