LUNC/USDT – 1H – BUYThe pair breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 0.000091590 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000087910 could be enabled.
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 is likely expected. Current target is 9.159E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000091590 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099930 |
| 2nd High | 0.000092960 |
| Next High | 0.000091590 |
| Current Price | 0.000089410 |
| Next Low | 0.000087910 |
| 2nd Low | 0.000080250 |
| 3rd Low | 0.000078380 |