Sell LUNC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000107570 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000135310 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Line Strike – Bearish’ candle pattern is discovered. The chart shows ‘Three Line Strike – Bearish’. which is a negative 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 Line Strike – Bearish’ heading down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High 0.000139820
2nd High 0.000137400
Next High 0.000135310
Current Price 0.000105690
Next Low 0.000107570
2nd Low 0.000102990
3rd Low 0.000101210

Download LUNC/USDT Signal Image

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