Sell LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 0.000092620 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000101000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. 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 0.000104970
2nd High 0.000104500
Next High 0.000101000
Current Price 0.000100210
Next Low 0.000092620
2nd Low
3rd Low

Download LUNC/USDT Signal Image

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