LUNC/USDT – 30M – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support at 0.000107570 is expected.

Caution: A possible change in the direction of resistance at 0.000135310 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 0.0001109 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.000135310 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Download LUNC/USDT Signal Image

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows