source avatar$Trader

Share

$LUN $LUN after the morning star reversal at the 200 EMA, price produced a decent bounce, price ran into supply at the 50 EMA and descending resistance. Friday printed a strong bearish continuation candle, pushing price back below the 50 EMA as the MACD appears ready to cross below its signal line. Sellers have some control here, and there is no new attractive setup yet. Patience is warranted until we either break above descending resistance or see another pivot low reversal near the 200 EMA. $FCX $SCCO $TECK $BHP $RIO $VALE $HBM $ERO $CS $TRQ $IVN $FQVLF

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.