LUNC/USDT – 1H – SELLThe pair goes from the bullish trendline downwards
A descent down to the next support at 0.000089230 will continue.
Caution: A possible change in the direction of the resistance level at 0.000096500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000101640 |
| Next High | 0.000096500 |
| Current Price | 0.000091110 |
| Next Low | 0.000089230 |
| 2nd Low | 0.000080780 |
| 3rd Low | 0.000080000 |