LUNC/USDT – 4H – SELL

Next a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 4.425E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000048500 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000048500 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000048500 – 0.000047400 —
80.879393944732 – 71.044190070948 —
0.000048500 – 1776384000 —
– 1776384000

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – – –