LUNC/USDT – 1H – SELLThe pair goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.000082190 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000093450 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 8.025E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000093450 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000099930 |
| Next High | 0.000093450 |
| Current Price | 0.000082670 |
| Next Low | 0.000082190 |
| 2nd Low | 0.000080250 |
| 3rd Low | 0.000078380 |