The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.000107950 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000114890 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bearish Engulfing’ candle chart pattern is found. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000121090 |
2nd High | 0.000114910 |
Next High | 0.000114890 |
Current Price | 0.000112340 |
Next Low | 0.000107950 |
2nd Low | 0.000105190 |
3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing