LUNC/USDT – 1H – SELL

Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 3.764E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 4.0E-5 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Two Crows’ candlestick pattern is detected. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4.0E-5 – 4.0E-5 – 4.0E-5 – 3.0E-5 – 4.0E-5 – 3.0E-5 —
0.000041300 – 0.000042210 —
83.265588785124 – 61.220246161285 —
– —
4.0E-5 – 1771621200

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double bottom retreat down – –