The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support at 0.000109210 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000116100 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish 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’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000130500 |
Next High | 0.000116100 |
Current Price | 0.000112800 |
Next Low | 0.000109210 |
2nd Low | 0.000102990 |
3rd Low | 0.000101210 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing