Sell LUNC/USDT – 4H – SELL

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

A bearish descent down to the next support at 7.0E-5 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.00012 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish 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
Next High 0.00012
Current Price 0.000090990
Next Low 7.0E-5
2nd Low 5.0E-5
3rd Low 4.0E-5

0.00012 – 7.0E-5 – 6.0E-5 – 7.0E-5 – 5.0E-5 – 4.0E-5 —
0.000120420 – 0.000099290 —
70.771951961291 – 49.4999581782 —
– —
0.00012 – 1777996800

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