LUNC/USDT – 1H – BUYThe currency pair breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.000088320 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000080250 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 9.5075E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000088320 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099930 |
| 2nd High | 0.000092960 |
| Next High | 0.000088320 |
| Current Price | 0.000087570 |
| Next Low | 0.000080250 |
| 2nd Low | 0.000078380 |
| 3rd Low | 0.000073320 |