Sell LUNC/USDT – 4H – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 0.000056160 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000061860 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. 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’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000064560
2nd High 0.000064290
Next High 0.000061860
Current Price 0.000054330
Next Low 0.000056160
2nd Low 0.000055450
3rd Low 0.000051200

0.000061860 – 0.000064290 – 0.000062850 – 0.000056160 – 0.000055450 – 0.000058100

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals