Sell LUNC/USDT – 30M – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support line at 0.000106500 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000110380 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. 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%.

Support & Resistance Price Range*
3rd High 0.000116100
2nd High 0.000112900
Next High 0.000110380
Current Price 0.000106210
Next Low 0.000106500
2nd Low 0.000106200
3rd Low 0.000101200

Download LUNC/USDT Signal Image

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