Sell LUNC/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.000114350 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.000122260 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. 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 0.000137400
2nd High 0.000135310
Next High 0.000122260
Current Price 0.000113970
Next Low 0.000114350
2nd Low 0.000105190
3rd Low 0.000104770

Download LUNC/USDT Signal Image

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