LUNC/USDT – 30M – BUYThe combination breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.000083520 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.000079270 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 8.1395E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000083520 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000091350 |
| 2nd High | 0.000089850 |
| Next High | 0.000083520 |
| Current Price | 0.000081410 |
| Next Low | 0.000079270 |
| 2nd Low | 0.000078240 |
| 3rd Low | 0.000073320 |