LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support at 0.000114640 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.000129450 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.00011933 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.000129450 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000130500 |
| Next High | 0.000129450 |
| Current Price | 0.000124020 |
| Next Low | 0.000114640 |
| 2nd Low | 0.000110110 |
| 3rd Low | 0.000109210 |