LUNC/USDT – 30M – SELLThe combination jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.000090440 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000099930 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 8.95E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000099930 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000109900 |
| Next High | 0.000099930 |
| Current Price | 0.000091950 |
| Next Low | 0.000090440 |
| 2nd Low | 0.000089740 |
| 3rd Low | 0.000089500 |