LUNC/USDT – 1H – SELL

Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 4.0E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 5.0E-5 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

5.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000043640 – 0.000042940 —
30.806061465809 – 28.296450454664 —
– —
5.0E-5 – 1776495600

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – – –