Moreover a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 7.0E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 8.0E-5 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Two Crows’ candle pattern is existing. The chart shows ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 8.0E-5 |
| Current Price | 0.000073250 |
| Next Low | 7.0E-5 |
| 2nd Low | 6.0E-5 |
| 3rd Low | 5.0E-5 |
8.0E-5 – 7.0E-5 – 7.0E-5 – 7.0E-5 – 7.0E-5 – 6.0E-5 —
0.000074130 – 0.000077560 —
52.730509687587 – 64.790563873338 —
– —
8.0E-5 – 1777555800
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – – –