Buy LUNC/USDT – 30M – BUY

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

A bearish descent down to the next support level at 0.000117000 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000124540 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Inverted Hammer’ candle chart pattern is found. The chart forms ‘Inverted Hammer’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ heading up is 65% (Bull Market).

Support & Resistance Price Range*
3rd High 0.000137400
2nd High 0.000135310
Next High 0.000124540
Current Price 0.000119130
Next Low 0.000117000
2nd Low 0.000114630
3rd Low 0.000112910

Download LUNC/USDT Signal Image

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