LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.000114900 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000121090 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.00011293018 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000121090 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. 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 | 0.000135310 |
| 2nd High | 0.000122260 |
| Next High | 0.000121090 |
| Current Price | 0.000115280 |
| Next Low | 0.000114900 |
| 2nd Low | 0.000114350 |
| 3rd Low | 0.000110390 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows