Sell LUNC/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 6.104E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.000063350 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000064500
2nd High 0.000064220
Next High 0.000063350
Current Price 0.000061950
Next Low 0.000061040
2nd Low 0.000058060
3rd Low 0.000057960

Download LUNC/USDT Signal Image

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