Sell LUNC/USDT – 30M – SELL

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

A descent downwards to the next support at 0.000058090 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000060900 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two 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 success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.000062180
2nd High 0.000062080
Next High 0.000060900
Current Price 0.000060610
Next Low 0.000058090
2nd Low 0.000057960
3rd Low 0.000056420

Download LUNC/USDT Signal Image

Trading Signals:

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