Sell LUNC/USDT – 30M – SELL

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

A bearish trend downwards to the next support at 0.000111790 is expected.

Caution: A possible change in the direction of the resistance level at 0.000115980 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Inside Down’ candle chart pattern is detected. The candles show ‘Three Inside Down’. 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 probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000122260
2nd High 0.000121090
Next High 0.000115980
Current Price 0.000114330
Next Low 0.000111790
2nd Low 0.000106630
3rd Low 0.000106350

Download LUNC/USDT Signal Image

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