Sell LUNC/USDT – 30M – SELL

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

A bearish movement downwards to the next support at 0.000105700 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000113760 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency 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 0.000114910
2nd High 0.000114890
Next High 0.000113760
Current Price 0.000107450
Next Low 0.000105700
2nd Low 0.000105190
3rd Low 0.000104770

Download LUNC/USDT Signal Image

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