Sell LUNC/USDT – 30M – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards

A descent downwards to the next support at 0.000114350 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.000119160 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Evening Star’ candlestick chart pattern is discovered. The candles show ‘Evening Star’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ heading down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000137400
2nd High 0.000135310
Next High 0.000119160
Current Price 0.000115680
Next Low 0.000114350
2nd Low 0.000110390
3rd Low 0.000105190

Download LUNC/USDT Signal Image

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