LUNC/USDT – 1H – SELLCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Target of the current trend is 4.214E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 5.0E-5 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Shooting Star’ chart pattern is detected. The chart forms ‘Shooting Star’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000040230 |
| Next Low | 4.0E-5 |
| 2nd Low | 3.0E-5 |
| 3rd Low | 2.0E-5 |
4.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000040850 – 0.000040510 —
32.596394685872 – 32.318009599663 —
– —
4.0E-5 – 1772787600
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Shooting Star – – –