Sell LUNC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.000116300 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000118730 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Two Crows’ candlestick pattern is discovered. The candles show ‘Two Crows’. this 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’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000120000
2nd High 0.000119990
Next High 0.000118730
Current Price 0.000115490
Next Low 0.000116300
2nd Low 0.000112910
3rd Low 0.000112720

Download LUNC/USDT Signal Image

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