Sell LUNC/USDT – 30M – SELL

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

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