LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.000118250 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000165400 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.00011825 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000165400 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000179800 |
| 2nd High | 0.000171170 |
| Next High | 0.000165400 |
| Current Price | 0.000124720 |
| Next Low | 0.000118250 |
| 2nd Low | 0.000115510 |
| 3rd Low | 0.000115350 |