LUNC/USDT – 30M – BUYThe pair breaks through the descending trendline up.
A bullish trend up to the next resistance at 0.000083450 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.000080930 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 8.471E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000083450 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000091350 |
| 2nd High | 0.000089850 |
| Next High | 0.000083450 |
| Current Price | 0.000082690 |
| Next Low | 0.000080930 |
| 2nd Low | 0.000079570 |
| 3rd Low | 0.000078240 |