LUNC/USDT – 30M – SELLThe pair goes from the ascending trendline down.
A bearish movement down to the next support at 0.000080000 is expected.
Caution: A possible change in the direction of resistance at 0.000086000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 8.0E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.000086000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000092230 |
| 2nd High | 0.000090300 |
| Next High | 0.000086000 |
| Current Price | 0.000084110 |
| Next Low | 0.000080000 |
| 2nd Low | 0.000078380 |
| 3rd Low | 0.000078240 |