LUNC/USDT – 4H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 3.0E-5 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000039460 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.0E-5 |
| 2nd High | 4.0E-5 |
| Next High | 0.000039460 |
| Current Price | 0.000037380 |
| Next Low | 3.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
0.000039460 – 4.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000039460 – 0.000038300 —
50.323155181486 – 44.147016024549 —
0.000039460 – 1769256000 —
– 1769256000
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – – –