LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support line at 0.000112720 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000120390 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to fall. 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 | 0.000135310 |
| 2nd High | 0.000122260 |
| Next High | 0.000120390 |
| Current Price | 0.000117840 |
| 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 Engulfing