LUNC/USDT – 30M – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.000089540 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000092400 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000094790 |
| 2nd High | 0.000094210 |
| Next High | 0.000092400 |
| Current Price | 0.000091110 |
| Next Low | 0.000089540 |
| 2nd Low | 0.000089230 |
| 3rd Low | 0.000088760 |