LUNC/USDT – 30M – BUYThe currency pair jumps from the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.000095200 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.000086580 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 8.913116E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000095200 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099930 |
| 2nd High | 0.000097390 |
| Next High | 0.000095200 |
| Current Price | 0.000087290 |
| Next Low | 0.000086580 |
| 2nd Low | 0.000085420 |
| 3rd Low | 0.000080310 |