LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support line at 0.000101200 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000104560 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 9.86136E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.000104560 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000110150 |
| Next High | 0.000104560 |
| Current Price | 0.000101660 |
| Next Low | 0.000101200 |
| 2nd Low | 0.000097080 |
| 3rd Low | 0.000095050 |