Sell LUNC/USDT – 30M – SELL

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

A bearish descent downwards to the next support line at 0.000061480 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000063460 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Two Crows’ candlestick pattern is discovered. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000064450
2nd High 0.000064170
Next High 0.000063460
Current Price 0.000062450
Next Low 0.000061480
2nd Low 0.000057460
3rd Low 0.000057400

0.000063460 – 0.000059840 – 0.000060070 – 0.000061480 – 0.000057460 – 0.000058860 — 58.405657153885 – 53.878334229063

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