Sell LUNC/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support line at 0.000158500 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000165400 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘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’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000179800
2nd High 0.000171170
Next High 0.000165400
Current Price 0.000158160
Next Low 0.000158500
2nd Low 0.000155020
3rd Low 0.000118250

Download LUNC/USDT Signal Image

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