Sell LUNC/USDT – 1H – SELL

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 4.236E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 5.0E-5 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 8.0E-5
2nd High 6.0E-5
Next High 5.0E-5
Current Price 0.000044300
Next Low
2nd Low
3rd Low

5.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000046240 – 0.000045560 —
59.568352315049 – 47.514619801738 —
– —
5.0E-5 – 1776834000

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