Sell LUNC/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 3.236E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 4.0E-5 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 5.0E-5
Next High 4.0E-5
Current Price 0.000034650
Next Low 3.0E-5
2nd Low 2.0E-5
3rd Low

4.0E-5 – 4.0E-5 – 4.0E-5 – 3.0E-5 – 4.0E-5 – 4.0E-5 —
0.000034740 – 0.000035060 —
45.628145380013 – 48.19960514768 —
– —
4.0E-5 – 1770397200

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