LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A bearish descent down to the next support level at 0.000115350 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000122760 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Evening Star’ candle pattern is found. The candles show ‘Evening Star’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000126890 |
| 2nd High | 0.000126840 |
| Next High | 0.000122760 |
| Current Price | 0.000119120 |
| Next Low | 0.000115350 |
| 2nd Low | 0.000111600 |
| 3rd Low | 0.000110430 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Evening Star