LUNC/USDT – 4H – BUYThe combination breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.000089420 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000081630 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 9.135E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000089420 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000095860 |
| 2nd High | 0.000091350 |
| Next High | 0.000089420 |
| Current Price | 0.000088920 |
| Next Low | 0.000081630 |
| 2nd Low | 0.000078380 |
| 3rd Low | 0.000071400 |