Sell LUNC/USDT – 30M – SELL

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

A descent downwards to the next support at 0.000112720 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.000115980 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency 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 0.000122260
2nd High 0.000121090
Next High 0.000115980
Current Price 0.000113940
Next Low 0.000112720
2nd Low 0.000111790
3rd Low 0.000106630

Download LUNC/USDT Signal Image

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