Sell LUNC/USDT – 30M – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support at 0.000107950 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000121090 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000135310
2nd High 0.000122260
Next High 0.000121090
Current Price 0.000113940
Next Low 0.000107950
2nd Low 0.000105190
3rd Low 0.000104770

Download LUNC/USDT Signal Image

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