LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.000112720 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000115980 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Belt Hold’ candle pattern is discovered. The chart forms ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135310 |
| 2nd High | 0.000122260 |
| Next High | 0.000115980 |
| Current Price | 0.000113260 |
| Next Low | 0.000112720 |
| 2nd Low | 0.000105700 |
| 3rd Low | 0.000105190 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold