Sell LUNC/USDT – 1H – SELL

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

A bearish trend down to the next support at 0.000114630 will continue.

Caution: A possible change in the direction of the resistance line at 0.000124540 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Collapsing Doji Star’ candle chart pattern is detected. The candles form ‘Collapsing Doji Star’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

Support & Resistance Price Range*
3rd High 0.000137400
2nd High 0.000135310
Next High 0.000124540
Current Price 0.000119850
Next Low 0.000114630
2nd Low 0.000112720
3rd Low 0.000105700

Download LUNC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals