LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards
A descent down to the next support line at 0.000095050 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000130500 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0001026363 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.000130500 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000130500 |
| Current Price | 0.000109130 |
| Next Low | 0.000095050 |
| 2nd Low | 0.000091500 |
| 3rd Low | 0.000089230 |