LUNC/USDT – 1H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
A descent down to the next support level at will persist.
Caution: A possible change in the direction of resistance at 4.0E-5 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000037880 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038330 – 0.000038300 —
51.60256379253 – 49.005418992337 —
– —
0.00004 – 1769266800
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –