Sell LUNC/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00011197744 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000122260 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000137400
2nd High 0.000135310
Next High 0.000122260
Current Price 0.000118310
Next Low 0.000114350
2nd Low 0.000105190
3rd Low 0.000104770

Download LUNC/USDT Signal Image

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