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 line at is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00012 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. which is a negative signal. The currency 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
2nd High
Next High 0.00012
Current Price 0.000093590
Next Low
2nd Low
3rd Low

0.00012 – 0.00011 – 0.0001 – 8.0E-5 – 7.0E-5 – 7.0E-5 —
0.000089060 – 0.000099290 —
24.036218700291 – 49.454825587661 —
– —
0.00012 – 1778000400

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