LUNC/USDT – 30M – SELLThe currency pair jumps from the ascending trendline down.
A bearish trend downwards to the next support at 0.000089350 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000096220 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 8.765664E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.000096220 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000096900 |
| Next High | 0.000096220 |
| Current Price | 0.000090130 |
| Next Low | 0.000089350 |
| 2nd Low | 0.000087920 |
| 3rd Low | 0.000085140 |