Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00010795 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.000121090 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish Engulfing’ candlestick chart pattern is detected. The candles form ‘Bearish Engulfing’. which 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 ‘Bearish Engulfing’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000135310 |
2nd High | 0.000122260 |
Next High | 0.000121090 |
Current Price | 0.000109860 |
Next Low | 0.000107950 |
2nd Low | 0.000105190 |
3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing