LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000107020 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000112520 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Bearish Engulfing’ candlestick pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000116100 |
| 2nd High | 0.000112550 |
| Next High | 0.000112520 |
| Current Price | 0.000110750 |
| Next Low | 0.000107020 |
| 2nd Low | 0.000106870 |
| 3rd Low | 0.000106200 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing