LUNC/USDT – 1H – SELLThe currency pair goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.000088120 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000092680 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 8.704212E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.000092680 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000093000 |
| 2nd High | 0.000092790 |
| Next High | 0.000092680 |
| Current Price | 0.000088680 |
| Next Low | 0.000088120 |
| 2nd Low | 0.000087740 |
| 3rd Low | 0.000085420 |