LUNC/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 4.0E-5 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 5.0E-5 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Inside Down’ chart pattern is found. The candles form ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000041880 – 0.000042410 —
67.021444820057 – 64.544466584061 —
– —
4.0E-5 – 1772962200

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