Sell LUNC/USDT – 4H – SELL

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

A bearish descent downwards to the next support at 0.000101210 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000124540 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern 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’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 0.000179800
Next High 0.000124540
Current Price 0.000102490
Next Low 0.000101210
2nd Low 0.000095050
3rd Low

Download LUNC/USDT Signal Image

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