LUNC/USDT – 30M – SELLThe pair jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000080310 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000090300 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 8.3E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000090300 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000101640 |
| 2nd High | 0.000092230 |
| Next High | 0.000090300 |
| Current Price | 0.000081490 |
| Next Low | 0.000080310 |
| 2nd Low | 0.000080250 |
| 3rd Low | 0.000078380 |