Sell LUNC/USDT – 30M – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards

A bearish movement down to the next support at 0.000114800 will persist.

Caution: A possible change in the direction of the resistance line at 0.000130500 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Bearish Engulfing’ candlestick chart pattern is existing. 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 success rate of a ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000130500
Current Price 0.000123530
Next Low 0.000114800
2nd Low 0.000110110
3rd Low 0.000109210

Download LUNC/USDT Signal Image

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