Sell LUNC/USDT – 30M – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards

A descent down to the next support at 0.000117540 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.000121990 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish Belt Hold’ candlestick chart pattern is existing. The chart shows ‘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 probability 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

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