LUNC/USDT – 1H – SELLThe combination jumps from the ascending trendline down.
The bearish trend down to the next support line at 0.000089000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.000091120 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 9.018E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.000091120 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000092790 |
| 2nd High | 0.000092680 |
| Next High | 0.000091120 |
| Current Price | 0.000091000 |
| Next Low | 0.000089000 |
| 2nd Low | 0.000087360 |
| 3rd Low | 0.000085420 |