LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support at 0.000161430 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000171170 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. 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 | 0.000179800 |
| Next High | 0.000171170 |
| Current Price | 0.000163740 |
| Next Low | 0.000161430 |
| 2nd Low | 0.000155020 |
| 3rd Low | 0.000123750 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing