LUNC/USDT – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 9.3025E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000096820 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000101640 |
| Next High | 0.000096820 |
| Current Price | 0.000094820 |
| Next Low | 0.000091500 |
| 2nd Low | 0.000089540 |
| 3rd Low | 0.000089230 |