Sell LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.

A descent down to the next support level at 0.000101210 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000113560 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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
2nd High 0.000130500
Next High 0.000113560
Current Price 0.000112130
Next Low 0.000101210
2nd Low 0.000095050
3rd Low 0.000091500

Download LUNC/USDT Signal Image

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