Sell LUNC/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.000110390 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000119160 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000137400
2nd High 0.000135310
Next High 0.000119160
Current Price 0.000114790
Next Low 0.000110390
2nd Low 0.000105190
3rd Low 0.000104770

Download LUNC/USDT Signal Image

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