LUNC/USDT – 4H – SELLThe currency pair goes from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.000081630 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000089420 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 8.1375E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.000089420 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000095860 |
| 2nd High | 0.000091350 |
| Next High | 0.000089420 |
| Current Price | 0.000085650 |
| Next Low | 0.000081630 |
| 2nd Low | 0.000078380 |
| 3rd Low | 0.000071400 |