LUNC/USDT – 1H – BUYThe pair moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000096500 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000090900 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 9.65E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000096500 should be noted.
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 | 0.000096500 |
| Current Price | 0.000093680 |
| Next Low | 0.000090900 |
| 2nd Low | 0.000080780 |
| 3rd Low | 0.000080000 |