Sell LUNC/USDT – 1H – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 3.0E-5 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000039510 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Three Inside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 4.0E-5
Next High 0.000039510
Current Price 0.000039090
Next Low 3.0E-5
2nd Low 2.0E-5
3rd Low

0.000039510 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000039510 – 0.000039510 —
68.234455306841 – 66.967853808882 —
0.000039510 – 1774317600 —
– 1774317600

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