Sell LUNC/USDT – 4H – SELL

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

A descending movement downwards to the next support level at 0.000101210 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.000124540 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. 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 0.000179800
Next High 0.000124540
Current Price 0.000102490
Next Low 0.000101210
2nd Low 0.000095050
3rd Low

Download LUNC/USDT Signal Image

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