Sell LUNC/USDT – 1H – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at is certain.

Caution: A possible change in the direction of the resistance zone at 0.000104500 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency 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 0.000121990
2nd High 0.000104970
Next High 0.000104500
Current Price 0.000093510
Next Low
2nd Low
3rd Low

Download LUNC/USDT Signal Image

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