There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 4.0E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 4.0E-5 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Dark Cloud Cover’ chart pattern is discovered. The candles form ‘Dark Cloud Cover’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Dark Cloud Cover’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000042040 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000042410 – 0.000042550 —
68.086649450185 – 64.642795140213 —
– —
4.0E-5 – 1773003600
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Dark Cloud Cover – – –