Sell LUNC/USDT – 30M – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support level at 0.000106870 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000112520 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000116100
2nd High 0.000112550
Next High 0.000112520
Current Price 0.000108330
Next Low 0.000106870
2nd Low 0.000106200
3rd Low 0.000101200

Download LUNC/USDT Signal Image

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