Sell LUNC/USDT – 4H – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.

A bearish trend downwards to the next support at 0.000110430 will continue.

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

Besides a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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
2nd High
Next High
Current Price 0.000166060
Next Low 0.000110430
2nd Low 0.000101210
3rd Low 0.000095050

Download LUNC/USDT Signal Image

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