LUNC/USDT – 4H – SELLThe combination moves from the ascending trendline downwards
The bearish trend down to the next support level at 0.000080250 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000109900 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 7.838E-5 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000109900 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000109900 |
| Current Price | 0.000082420 |
| Next Low | 0.000080250 |
| 2nd Low | 0.000078380 |
| 3rd Low | 0.000071400 |