LUNC/USDT – 1H – SELLThe combination jumps from the bullish trendline downwards
A bearish descent down to the next support at 0.000081630 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000086460 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 8.39E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000086460 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000089420 |
| 2nd High | 0.000088690 |
| Next High | 0.000086460 |
| Current Price | 0.000085720 |
| Next Low | 0.000081630 |
| 2nd Low | 0.000078380 |
| 3rd Low | 0.000073320 |