LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A bearish descent downwards to the next support at 0.000118250 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.000126650 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bearish Engulfing’ candle pattern is found. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. 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 | 0.000126890 |
| 2nd High | 0.000126840 |
| Next High | 0.000126650 |
| Current Price | 0.000124770 |
| Next Low | 0.000118250 |
| 2nd Low | 0.000115510 |
| 3rd Low | 0.000115350 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing