LUNC/USDT – 1H – SELLThe pair moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.000088510 is considered certain.
Caution: A possible change in the direction of resistance at 0.000101640 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 8.851E-5 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 0.000101640 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000109900 |
| Next High | 0.000101640 |
| Current Price | 0.000090420 |
| Next Low | 0.000088510 |
| 2nd Low | 0.000087240 |
| 3rd Low | 0.000085030 |