LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.000105700 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000115980 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135310 |
| 2nd High | 0.000122260 |
| Next High | 0.000115980 |
| Current Price | 0.000114070 |
| Next Low | 0.000105700 |
| 2nd Low | 0.000105190 |
| 3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down