LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.000060780 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000063850 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069280 |
| 2nd High | 0.000069150 |
| Next High | 0.000063850 |
| Current Price | 0.000063070 |
| Next Low | 0.000060780 |
| 2nd Low | 0.000060570 |
| 3rd Low | 0.000058760 |
0.000063850 – 0.000062780 – 0.000063590 – 0.000060780 – 0.000060570 – 0.000058760 — 50.664225279719 – 49.343072620839
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Double bottom retreat down –