Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 9.0E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.00011 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Evening Star’ candle chart pattern is existing. The candles form ‘Evening Star’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.00011 |
| Current Price | 0.000099390 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.00011 – 9.0E-5 – 0.0001 – 9.0E-5 – 8.0E-5 – 8.0E-5 —
0.000099000 – 0.000100300 —
52.358318198258 – 54.811466496194 —
– —
0.00011 – 1777928400
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Evening Star – Rising Wedge Chart Pattern – –