Sell LUNC/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support level at will continue.

Caution: A possible change in the direction of resistance at 0.000059970 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000063460
2nd High 0.000061050
Next High 0.000059970
Current Price 0.000058330
Next Low
2nd Low
3rd Low

0.000059970 – 0.000061050 – 0.000063460 – 0.000056800 – 0.000057270 – 0.000056400 — 46.869562379616 – 45.078853625458

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