LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.000112900 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.000106500 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.00011115 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000112900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000130500 |
| 2nd High | 0.000116100 |
| Next High | 0.000112900 |
| Current Price | 0.000108660 |
| Next Low | 0.000106500 |
| 2nd Low | 0.000106200 |
| 3rd Low | 0.000101200 |