LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.
A descent down to the next support line at 0.000060410 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000061840 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000063920 |
| Next High | 0.000061840 |
| Current Price | 0.000061830 |
| Next Low | 0.000060410 |
| 2nd Low | 0.000059920 |
| 3rd Low | 0.000058100 |
0.000061840 – 0.000059780 – 0.000059850 – 0.000060410 – 0.000059920 – 0.000058100
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Black Crows