Sell LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards

A bearish trend downwards to the next support at 0.000105190 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000113760 should always be considered.
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 considered certain. Target of the current trend is 0.00010795 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.000113760 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘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 chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000114910
2nd High 0.000114890
Next High 0.000113760
Current Price 0.000107490
Next Low 0.000105190
2nd Low 0.000104770
3rd Low 0.000102990

Download LUNC/USDT Signal Image

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