Sell LUNC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.000058290 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.000059700 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candlestick pattern is discovered. 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 probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000060690
2nd High 0.000060650
Next High 0.000059700
Current Price 0.000059080
Next Low 0.000058290
2nd Low 0.000057760
3rd Low 0.000057260

0.000059700 – 0.000060650 – 0.000060690 – 0.000058290 – 0.000057760 – 0.000059700 — 50.701387201413 – 48.468946538679

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