Sell LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 0.000115510 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000123920 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. 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’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000129450
2nd High 0.000126890
Next High 0.000123920
Current Price 0.000119270
Next Low 0.000115510
2nd Low 0.000115350
3rd Low 0.000110430

Download LUNC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals