Sell LUNC/USDT – 4H – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 3.0E-5 is likely expected.

Caution: A possible change in the direction of resistance at 4.0E-5 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 5.0E-5
Next High 4.0E-5
Current Price 0.000035410
Next Low 3.0E-5
2nd Low 2.0E-5
3rd Low

4.0E-5 – 4.0E-5 – 4.0E-5 – 3.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038240 – 0.000037200 —
53.585802384742 – 45.417089973223 —
– —
4.0E-5 – 1769803200

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