Sell LUNC/USDT – 1H – SELL

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

A bearish movement downwards to the next support level at 0.000060770 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000064200 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000067870
2nd High 0.000065680
Next High 0.000064200
Current Price 0.000063880
Next Low 0.000060770
2nd Low 0.000055570
3rd Low 0.000055050

0.000064200 – 0.000064110 – 0.000065680 – 0.000060770 – 0.000061800 – 0.000055570

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