Sell LUNC/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.0001026363 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.000130500 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000130500
Current Price 0.000110660
Next Low 0.000095050
2nd Low 0.000091500
3rd Low 0.000089230

Download LUNC/USDT Signal Image

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