LUNC/USDT – 4H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A descent down to the next support at 0.000095050 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000130500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000130500 |
| Current Price | 0.000109220 |
| Next Low | 0.000095050 |
| 2nd Low | 0.000089230 |
| 3rd Low | 0.000080000 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows