Sell LUNC/USDT – 1H – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.000101210 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000121990 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000135310
2nd High 0.000124540
Next High 0.000121990
Current Price 0.000101420
Next Low 0.000101210
2nd Low 0.000095050
3rd Low

Download LUNC/USDT Signal Image

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