The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A descending movement down to the next support level at 0.000163000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000171170 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bearish Engulfing’ candle chart pattern is found. The chart shows ‘Bearish Engulfing’. which is a negative signal. 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 | |
2nd High | 0.000179800 |
Next High | 0.000171170 |
Current Price | 0.000163260 |
Next Low | 0.000163000 |
2nd Low | 0.000155020 |
3rd Low | 0.000123750 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing