Sell LUNC/USDT – 1H – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 0.000107950 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000114910 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. 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 0.000135310
2nd High 0.000122260
Next High 0.000114910
Current Price 0.000112040
Next Low 0.000107950
2nd Low 0.000105190
3rd Low 0.000104770

Download LUNC/USDT Signal Image

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