LUNC/USDT – 4H – SELLThe combination goes from the ascending trendline down.
A descending movement downwards to the next support level at 0.000087360 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000093000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 8.72474E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.000093000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000093450 |
| Next High | 0.000093000 |
| Current Price | 0.000092930 |
| Next Low | 0.000087360 |
| 2nd Low | 0.000085420 |
| 3rd Low | 0.000080310 |