Sell LUNC/USDT – 1H – SELL

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 3.5E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 4.0E-5 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Two Crows’ candle chart pattern is existing. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 5.0E-5
Next High 4.0E-5
Current Price 0.000037340
Next Low 3.0E-5
2nd Low 2.0E-5
3rd Low

4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 3.0E-5 —
0.000037020 – 0.000038240 —
44.974913281388 – 58.742061458791 —
– —
4.0E-5 – 1770109200

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