Sell LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards

A bearish descent downwards to the next support line at 0.000117540 is expected.

Caution: A possible change in the direction of the resistance level at 0.000121990 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Bearish Belt Hold’ candlestick pattern is found. The chart shows ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going 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

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