LUNC/USDT – 1H – BUYThe combination jumps from the bearish trendline upwards
A bullish trend up to the next resistance at 0.000095200 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.000082260 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 8.9825E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000095200 could occur.
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 | 0.000086660 |
| Next Low | 0.000082260 |
| 2nd Low | 0.000080310 |
| 3rd Low | 0.000080250 |