LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards

The bearish trend downwards to the next support level at 0.000108340 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000130500 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0001026363 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.000130500 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download LUNC/USDT Signal Image

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows