LUNC/USDT – 1H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 0.000130500 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000101210 could occur.
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 certain. Current target is 0.00011356 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000130500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000130500 |
| Current Price | 0.000113990 |
| Next Low | 0.000101210 |
| 2nd Low | 0.000095050 |
| 3rd Low | 0.000091500 |