Sell LUNC/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.000110900 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000135310 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Line Strike – Bearish’ candlestick pattern is detected. The candles form ‘Three Line Strike – Bearish’. 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 chance of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High 0.000139820
2nd High 0.000137400
Next High 0.000135310
Current Price 0.000115620
Next Low 0.000110900
2nd Low 0.000107570
3rd Low 0.000102990

Download LUNC/USDT Signal Image

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