LUNC/USDT – 1H – SELL

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish 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 8.18E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.00012 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Inside Down’ candlestick pattern is detected. The candles form ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.00012 – 0.00011 – 0.0001 – 9.0E-5 – 8.0E-5 – 7.0E-5 —
0.000094600 – 0.000095590 —
41.157149779184 – 45.396548520098 —
– —
0.00012 – 1778000400

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –