LUNC/USDT – 1H – BUYThe combination breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 0.000086460 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.000083580 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 8.681456E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000086460 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000089420 |
| 2nd High | 0.000088690 |
| Next High | 0.000086460 |
| Current Price | 0.000085590 |
| Next Low | 0.000083580 |
| 2nd Low | 0.000078380 |
| 3rd Low | 0.000073320 |