Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 7.0E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 8.0E-5 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 8.0E-5 |
| Current Price | 0.000075050 |
| Next Low | 7.0E-5 |
| 2nd Low | 6.0E-5 |
| 3rd Low | 5.0E-5 |
8.0E-5 – 8.0E-5 – 7.0E-5 – 7.0E-5 – 7.0E-5 – 7.0E-5 —
0.000076750 – 0.000076270 —
51.72264221545 – 57.054303112816 —
– —
8.0E-5 – 1777597200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – – –