Sell LUNC/USDT – 1H – SELL

The combination jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 0.000080250 is certain.

Caution: A possible change in the direction of the resistance level at 0.000093450 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 8.30748E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.000093450 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.000109900
2nd High 0.000099930
Next High 0.000093450
Current Price 0.000086640
Next Low 0.000080250
2nd Low 0.000078380
3rd Low 0.000073320

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