LUNC/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.00011247068 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.000135310 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000141100 |
| 2nd High | 0.000137400 |
| Next High | 0.000135310 |
| Current Price | 0.000119580 |
| Next Low | 0.000114350 |
| 2nd Low | 0.000105190 |
| 3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing