LUNC/USDT – 30M – SELLThe currency pair jumps from the ascending trendline downwards
A bearish trend downwards to the next support level at 0.000086590 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000090000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 8.5815E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000090000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000095160 |
| 2nd High | 0.000091350 |
| Next High | 0.000090000 |
| Current Price | 0.000087210 |
| Next Low | 0.000086590 |
| 2nd Low | 0.000085180 |
| 3rd Low | 0.000084630 |