The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A bearish movement down to the next support line at 0.000117540 will persist.
Caution: A possible change in the direction of the resistance zone at 0.000121990 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Belt Hold’ candle pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000135310 |
2nd High | 0.000124540 |
Next High | 0.000121990 |
Current Price | 0.000119160 |
Next Low | 0.000117540 |
2nd Low | 0.000117000 |
3rd Low | 0.000114630 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold