LUNC/USDT – 30M – SELLThe combination jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000082690 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000086460 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 8.269E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000086460 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000089420 |
| 2nd High | 0.000088690 |
| Next High | 0.000086460 |
| Current Price | 0.000083610 |
| Next Low | 0.000082690 |
| 2nd Low | 0.000078380 |
| 3rd Low | 0.000078240 |