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 likely expected. Target of the current trend is 3.236E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 4.0E-5 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 5.0E-5
Next High 4.0E-5
Current Price 0.000034690
Next Low 3.0E-5
2nd Low 2.0E-5
3rd Low

4.0E-5 – 4.0E-5 – 4.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 —
0.000035360 – 0.000035310 —
56.232019174725 – 55.939390980917 —
– —
4.0E-5 – 1771214400

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