LUNC/USDT – 1H – SELLThe combination jumps from the bullish trendline down.
A bearish movement down to the next support level at 0.000089000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000094900 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 9.113E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000094900 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000099930 |
| Next High | 0.000094900 |
| Current Price | 0.000092030 |
| Next Low | 0.000089000 |
| 2nd Low | 0.000087360 |
| 3rd Low | 0.000085420 |