LUNC/USDT – 30M – SELLThe pair jumps from the ascending trendline down.
A bearish trend downwards to the next support level at 0.000089550 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000094900 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.02626E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.000094900 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000099930 |
| Next High | 0.000094900 |
| Current Price | 0.000091430 |
| Next Low | 0.000089550 |
| 2nd Low | 0.000089000 |
| 3rd Low | 0.000087360 |