The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A bearish descent down to the next support line at 0.000055560 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000059780 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 5.82E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.000059780 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063920 |
| 2nd High | 0.000062850 |
| Next High | 0.000059780 |
| Current Price | 0.000056600 |
| Next Low | 0.000055560 |
| 2nd Low | 0.000053540 |
| 3rd Low | 0.000051200 |
0.000059780 – 0.000062850 – 0.000062530 – 0.000058200 – 0.000060120 – 0.000061370