LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.000132850 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000139820 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Bearish Engulfing’ candle pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000150860 |
| 2nd High | 0.000141100 |
| Next High | 0.000139820 |
| Current Price | 0.000133720 |
| Next Low | 0.000132850 |
| 2nd Low | 0.000132070 |
| 3rd Low | 0.000124050 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing