LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A descent down to the next support line at 9.0E-5 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.00011 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.00011 |
| Current Price | 0.000111190 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.0001 – 0.00011 – 9.0E-5 – 9.0E-5 – 8.0E-5 – 8.0E-5 —
0.000108340 – 0.000119390 —
71.269981575503 – 62.942371743924 —
– —
0.0001 – 1777962600
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing – – –