Nice entry on the 4hr bounce, broke through the FIB, a strong possible bounce to the upside from here. Also with the bear flag, that is one confluence you can use to expect a retrace to the downside. Using with FIB tool, you can catch good entries.
Either a Cup&Handle or a W is forming!! Check out the 1hr, and 4hr! or more to the downside. Wait for confirmations.
Caught an entry, waited for it to break formation and rode it all the way up, took 50% profits, and continuing to hold position, on futures MEXC account! I suggest wait for a slight pull back, I can see LUNC continuing its uptrend!
Looks like $LUNC is forming a cup&handle on the 30m, 15m, 5m.. Wait till the 1hr candle closes. To see what the next candle will open. The cup is complete, now waiting on the handle. This indicates a continuation on price