LUNC/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 6.5E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 8.0E-5 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 8.0E-5 |
| Current Price | 0.000071480 |
| Next Low | 7.0E-5 |
| 2nd Low | 6.0E-5 |
| 3rd Low | 5.0E-5 |
8.0E-5 – 8.0E-5 – 7.0E-5 – 7.0E-5 – 6.0E-5 – 5.0E-5 —
0.000076070 – 0.000075830 —
60.296655089442 – 55.347846269366 —
– —
8.0E-5 – 1777597200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – – –