Sell LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support at 0.000159190 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000163560 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which 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 Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000171170
2nd High 0.000165400
Next High 0.000163560
Current Price 0.000158160
Next Low 0.000159190
2nd Low 0.000158500
3rd Low 0.000155020

Download LUNC/USDT Signal Image

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