LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.000104770 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.000111280 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Evening Star’ candle chart pattern is found. The candles form ‘Evening Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000137400 |
| 2nd High | 0.000135310 |
| Next High | 0.000111280 |
| Current Price | 0.000108170 |
| Next Low | 0.000104770 |
| 2nd Low | 0.000102990 |
| 3rd Low | 0.000101210 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Evening Star