LUNC/USDT – 1H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.000107570 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000135310 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000141100 |
| 2nd High | 0.000137400 |
| Next High | 0.000135310 |
| Current Price | 0.000115310 |
| Next Low | 0.000107570 |
| 2nd Low | 0.000101210 |
| 3rd Low | 0.000095050 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing