LUNC/USDT – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.000084000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000099930 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 8.4E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.000099930 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000109900 |
| Next High | 0.000099930 |
| Current Price | 0.000088490 |
| Next Low | 0.000084000 |
| 2nd Low | 0.000081630 |
| 3rd Low | 0.000078380 |