The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline up.
A bullish trend upwards to the next resistance line at 0.000135310 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.000110900 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.00011772512 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000135310 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000139820 |
2nd High | 0.000137400 |
Next High | 0.000135310 |
Current Price | 0.000113410 |
Next Low | 0.000110900 |
2nd Low | 0.000107570 |
3rd Low | 0.000102990 |