Sell LUNC/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.00011609 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000120390 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000122260
2nd High 0.000121090
Next High 0.000120390
Current Price 0.000117300
Next Low 0.000116610
2nd Low 0.000112910
3rd Low 0.000112720

Download LUNC/USDT Signal Image

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