LUNC/USDT – 4H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support at 0.000101210 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000129450 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.00010525 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000129450 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000130500 |
| Next High | 0.000129450 |
| Current Price | 0.000115570 |
| Next Low | 0.000101210 |
| 2nd Low | 0.000095050 |
| 3rd Low | 0.000089230 |