LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.000118250 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000126650 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000126890 |
| 2nd High | 0.000126840 |
| Next High | 0.000126650 |
| Current Price | 0.000125630 |
| 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