LUNC/USDT – 4H – SELLThe pair jumps from the ascending trendline downwards
A descent downwards to the next support line at 0.000082260 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000101640 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 8.031E-5 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000101640 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000109900 |
| Next High | 0.000101640 |
| Current Price | 0.000083520 |
| Next Low | 0.000082260 |
| 2nd Low | 0.000080310 |
| 3rd Low | 0.000080250 |