LUNC/USDT – 1H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support at 0.000105190 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000111280 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.00010477 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000111280 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. 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 | 0.000137400 |
| 2nd High | 0.000135310 |
| Next High | 0.000111280 |
| Current Price | 0.000108950 |
| Next Low | 0.000105190 |
| 2nd Low | 0.000104770 |
| 3rd Low | 0.000101210 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows