LUNC/USDT – 30M – SELLThe pair jumps from the bullish trendline down.
A descent downwards to the next support line at 0.000088420 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000101640 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 8.842E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000101640 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000109900 |
| Next High | 0.000101640 |
| Current Price | 0.000089240 |
| Next Low | 0.000088420 |
| 2nd Low | 0.000087240 |
| 3rd Low | 0.000085030 |