Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 9.358E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 9.0E-5 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.0001 |
| Next High | 9.0E-5 |
| Current Price | 0.000085630 |
| Next Low | 8.0E-5 |
| 2nd Low | 7.0E-5 |
| 3rd Low | 6.0E-5 |
9.0E-5 – 0.0001 – 7.0E-5 – 8.0E-5 – 8.0E-5 – 7.0E-5 —
0.000083050 – 0.000085640 —
43.512779903109 – 53.602022685855 —
– —
9.0E-5 – 1777795200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –