LUNC/USDT – 30M – SELLThe combination jumps from the ascending trendline downwards
A bearish descent down to the next support line at 0.000086580 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000092010 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 9.1985E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000092010 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000097390 |
| 2nd High | 0.000093960 |
| Next High | 0.000092010 |
| Current Price | 0.000091680 |
| Next Low | 0.000086580 |
| 2nd Low | 0.000085420 |
| 3rd Low | 0.000080310 |