LUNC/USDT – 30M – SELLThe pair jumps from the bullish trendline downwards
A bearish trend down to the next support line at 0.000085420 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000093000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 8.921E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.000093000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099930 |
| 2nd High | 0.000093450 |
| Next High | 0.000093000 |
| Current Price | 0.000090040 |
| Next Low | 0.000085420 |
| 2nd Low | 0.000080310 |
| 3rd Low | 0.000080250 |