LUNC/USDT – 1H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.000126190 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000137160 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000165400 |
| 2nd High | 0.000141100 |
| Next High | 0.000137160 |
| Current Price | 0.000132520 |
| Next Low | 0.000126190 |
| 2nd Low | 0.000107570 |
| 3rd Low | 0.000101210 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows