LUNC/USDT – 30M – SELLThe currency pair goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.000087990 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000091570 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 8.921E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000091570 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099930 |
| 2nd High | 0.000092960 |
| Next High | 0.000091570 |
| Current Price | 0.000089510 |
| Next Low | 0.000087990 |
| 2nd Low | 0.000087650 |
| 3rd Low | 0.000087140 |