LUNC/USDT – 1H – BUYThe currency pair jumps from the ascending trendline downwards
A bearish trend down to the next support line at 0.000080780 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.000086530 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 9.082E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.000086530 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000101640 |
| 2nd High | 0.000092230 |
| Next High | 0.000086530 |
| Current Price | 0.000085760 |
| Next Low | 0.000080780 |
| 2nd Low | 0.000080000 |
| 3rd Low | 0.000078380 |