Sell LUNC/USDT – 1H – SELL

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

A descent down to the next support at 0.000128630 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000137400 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000165400
2nd High 0.000141100
Next High 0.000137400
Current Price 0.000130320
Next Low 0.000128630
2nd Low 0.000126190
3rd Low 0.000107570

Download LUNC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals