Sell LUNC/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.00012078364 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.000150860 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000163560
2nd High 0.000162500
Next High 0.000150860
Current Price 0.000134010
Next Low 0.000124050
2nd Low 0.000107570
3rd Low 0.000102990

Download LUNC/USDT Signal Image

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