Sell LUNC/USDT – 1H – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.000109230 will continue.

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

Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000135310
2nd High 0.000122260
Next High 0.000114910
Current Price 0.000111000
Next Low 0.000109230
2nd Low 0.000107950
3rd Low 0.000105190

Download LUNC/USDT Signal Image

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