Buy LUNC/USDT – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 5.806E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.000059930 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000060580
2nd High 0.000060350
Next High 0.000059930
Current Price 0.000058570
Next Low 0.000058060
2nd Low 0.000057960
3rd Low 0.000056420

Download LUNC/USDT Signal Image

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