Sell LUNC/USDT – 1H – SELL

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 7.0E-5 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 7.0E-5 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Down’ candle chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 9.0E-5
2nd High 8.0E-5
Next High 7.0E-5
Current Price 0.000071680
Next Low
2nd Low
3rd Low

7.0E-5 – 8.0E-5 – 7.0E-5 – 7.0E-5 – 7.0E-5 – 7.0E-5 —
0.000073730 – 0.000072960 —
52.582498440653 – 44.086241924414 —
– —
7.0E-5 – 1781362800

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