LUNC/USDT – 30M – SELLThe combination jumps from the ascending trendline downwards
A descent down to the next support line at 0.000097270 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.000103790 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 9.698E-5 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000103790 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000110150 |
| Next High | 0.000103790 |
| Current Price | 0.000097410 |
| Next Low | 0.000097270 |
| 2nd Low | 0.000096980 |
| 3rd Low | 0.000091500 |