LUNC/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 3.798304E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 4.0E-5 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

4.0E-5 – 4.0E-5 – 4.0E-5 – 0.000037360 – 4.0E-5 – 4.0E-5 —
0.000037980 – 0.000038810 —
35.937776314519 – 66.237635683819 —
0.000037360 – 1769178600 —
0.00004 – 1769131800

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – – –