LUNC/USDT – 1H – SELLThe combination goes from the bullish trendline downwards
A descent down to the next support at 0.000097270 will continue.
Caution: A possible change in the direction of the resistance line at 0.000110150 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a negative 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 Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000110150 |
| Current Price | 0.000097420 |
| Next Low | 0.000097270 |
| 2nd Low | 0.000096980 |
| 3rd Low | 0.000091500 |