Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.00012078364 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.000150860 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000163560 |
2nd High | 0.000162500 |
Next High | 0.000150860 |
Current Price | 0.000134010 |
Next Low | 0.000124050 |
2nd Low | 0.000107570 |
3rd Low | 0.000102990 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing