LUNC/USDT – 1H – SELLThe pair goes from the ascending trendline downwards
A bearish movement downwards to the next support at 0.000089000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000091900 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 9.0075E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000091900 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000092790 |
| 2nd High | 0.000092680 |
| Next High | 0.000091900 |
| Current Price | 0.000090220 |
| Next Low | 0.000089000 |
| 2nd Low | 0.000087360 |
| 3rd Low | 0.000085420 |