LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
A bearish movement down to the next support line at 0.000111790 is certain.
Caution: A possible change in the direction of resistance at 0.000114890 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Bearish Meeting Lines’ chart pattern is detected. The candles show ‘Bearish Meeting Lines’. 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 success rate of a ‘Bearish Meeting Lines’ heading down is 51% (Bull Market) & 53% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000121090 |
| 2nd High | 0.000114910 |
| Next High | 0.000114890 |
| Current Price | 0.000114180 |
| Next Low | 0.000111790 |
| 2nd Low | 0.000106630 |
| 3rd Low | 0.000106350 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Meeting Lines