LUNC/USDT – 4H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support at 0.000126190 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000179800 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000179800 |
| Current Price | 0.000110320 |
| Next Low | 0.000126190 |
| 2nd Low | 0.000107570 |
| 3rd Low | 0.000101210 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows