LUNC/USDT – 30M – SELLThe currency pair moves from the bullish trendline downwards
A descent down to the next support at 0.000090210 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000097390 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 9.079546E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 0.000097390 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000099930 |
| Next High | 0.000097390 |
| Current Price | 0.000092000 |
| Next Low | 0.000090210 |
| 2nd Low | 0.000089550 |
| 3rd Low | 0.000089000 |