Sell LUNC/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support level at 0.000104280 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000108650 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Line Strike – Bearish’ candlestick pattern is existing. The candles form ‘Three Line Strike – Bearish’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High 0.000112900
2nd High 0.000110380
Next High 0.000108650
Current Price 0.000103750
Next Low 0.000104280
2nd Low 0.000095050
3rd Low 0.000091500

Download LUNC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals