LUNC/USDT – 1H – BUYThe pair breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000089500 is also possible.
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 will persist. Target of the current trend is 9.69E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.000099150 |
| Next Low | 0.000089500 |
| 2nd Low | 0.000089350 |
| 3rd Low | 0.000085140 |