LUNC/USDT – 1H – BUYThe combination moves from the ascending trendline downwards
A bearish trend downwards to the next support at 0.000083000 will continue.
Caution: A possible change in the direction of the resistance line at 0.000092230 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 8.739904E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.000092230 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000101640 |
| Next High | 0.000092230 |
| Current Price | 0.000083490 |
| Next Low | 0.000083000 |
| 2nd Low | 0.000082260 |
| 3rd Low | 0.000080310 |