Sell LUNC/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000107950 is certain.

Caution: A possible change in the direction of the resistance zone at 0.000122260 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Bearish Engulfing’ candle pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.000137400
2nd High 0.000135310
Next High 0.000122260
Current Price 0.000113740
Next Low 0.000107950
2nd Low 0.000105190
3rd Low 0.000104770

Download LUNC/USDT Signal Image

Trading Signals:

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