Sell LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards

A bearish descent down to the next support at 0.000060610 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000062580 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000063460
2nd High 0.000063420
Next High 0.000062580
Current Price 0.000061500
Next Low 0.000060610
2nd Low 0.000059930
3rd Low 0.000059580

0.000062580 – 0.000061390 – 0.000061000 – 0.000060610 – 0.000059930 – 0.000059580 — 48.70755405609 – 48.492737320456

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