LUNC/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 6.068E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000061360 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.000061360 – 6.0E-5 – 6.0E-5 – 6.0E-5 – 6.0E-5 – 6.0E-5 —
0.000061360 – 0.000061120 —
57.924042702957 – 56.565381063441 —
0.000061360 – 1783004400 —
– 1783004400

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –