Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 7.236E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 8.0E-5 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0001 |
| 2nd High | 9.0E-5 |
| Next High | 8.0E-5 |
| Current Price | 0.000074150 |
| Next Low | 7.0E-5 |
| 2nd Low | 5.0E-5 |
| 3rd Low | 4.0E-5 |
8.0E-5 – 7.0E-5 – 8.0E-5 – 7.0E-5 – 7.0E-5 – 7.0E-5 —
0.000077360 – 0.000075050 —
69.962634859174 – 52.295756888272 —
– —
8.0E-5 – 1781647200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – – –