LUNC/USDT – 1H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
A descent downwards to the next support at 0.000118250 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000179800 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.000145115 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000179800 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000179800 |
| Current Price | 0.000161710 |
| Next Low | 0.000118250 |
| 2nd Low | 0.000115510 |
| 3rd Low | 0.000115350 |