And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 6.0E-5 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 7.0E-5 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.0E-5 |
| 2nd High | 8.0E-5 |
| Next High | 7.0E-5 |
| Current Price | 0.000061990 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
7.0E-5 – 6.0E-5 – 6.0E-5 – 6.0E-5 – 6.0E-5 – 6.0E-5 —
0.000061580 – 0.000062220 —
28.851747596212 – 51.154813924025 —
– —
7.0E-5 – 1783186200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – – –