LUNC/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 8.18E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.0001 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Inside Down’ candle pattern is existing. The chart shows ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.00012 |
| Next High | 0.0001 |
| Current Price | 0.000093600 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.0001 – 0.00012 – 0.00011 – 9.0E-5 – 9.0E-5 – 8.0E-5 —
0.000091050 – 0.000095270 —
41.057974952349 – 52.715246078602 —
– —
0.0001 – 1778148000
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Inside Down – – –