LUNC/USDT – 1H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A descent downwards to the next support level at 0.000114630 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000124540 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Shooting Star’ candle chart pattern is found. The candles form ‘Shooting Star’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000137400 |
| 2nd High | 0.000135310 |
| Next High | 0.000124540 |
| Current Price | 0.000118630 |
| Next Low | 0.000114630 |
| 2nd Low | 0.000112720 |
| 3rd Low | 0.000105700 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Shooting Star