LUNC/USDT – 4H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 0.000056160 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000061860 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 5.545E-5 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.000061860 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000064290 |
| Next High | 0.000061860 |
| Current Price | 0.000056310 |
| Next Low | 0.000056160 |
| 2nd Low | 0.000055450 |
| 3rd Low | 0.000051200 |
0.000061860 – 0.000064290 – 0.000062850 – 0.000056160 – 0.000055450 – 0.000058100