Sell LUNC/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00010757 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.000135310 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000141100
2nd High 0.000137400
Next High 0.000135310
Current Price 0.000114000
Next Low 0.000107570
2nd Low 0.000101210
3rd Low 0.000095050

Download LUNC/USDT Signal Image

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