Sell LUNC/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.000106200 is considered certain.

Caution: A possible change in the direction of resistance at 0.000112520 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000116100
2nd High 0.000112550
Next High 0.000112520
Current Price 0.000108200
Next Low 0.000106200
2nd Low 0.000101200
3rd Low 0.000097080

Download LUNC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals