LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at 4.0E-5 will continue.
Caution: A possible change in the direction of the resistance level at 0.000047300 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. 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 | |
| 2nd High | 5.0E-5 |
| Next High | 0.000047300 |
| Current Price | 0.000045480 |
| Next Low | 4.0E-5 |
| 2nd Low | 3.0E-5 |
| 3rd Low | 2.0E-5 |
0.000047300 – 5.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 — 50.891041640478 – 46.63622231247 — 30.59121649969 – 11.837755290406 – 39.229420255752 – 28.787751654388
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –