LUNC/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 5.343052E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.000056590 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000058450 |
| 2nd High | 0.000057270 |
| Next High | 0.000056590 |
| Current Price | 0.000054970 |
| Next Low | 0.000054120 |
| 2nd Low | 0.000051880 |
| 3rd Low | 0.000049730 |
0.000056590 – 0.000057270 – 0.000056370 – 0.000054120 – 0.000055060 – 0.000054880
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Two Crows – Double top chart pattern