LUNC/USDT – 30M – SELLThe combination goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.000087910 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.000091330 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 8.857512E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.000091330 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000092960 |
| 2nd High | 0.000091570 |
| Next High | 0.000091330 |
| Current Price | 0.000089030 |
| Next Low | 0.000087910 |
| 2nd Low | 0.000087650 |
| 3rd Low | 0.000087140 |