Sell LUNC/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at 0.000117000 will persist.

Caution: A possible change in the direction of the resistance level at 0.000124540 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Last Engulfing Top’ candlestick pattern is detected. The chart forms ‘Last Engulfing Top’. 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 chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000137400
2nd High 0.000135310
Next High 0.000124540
Current Price 0.000118220
Next Low 0.000117000
2nd Low 0.000114630
3rd Low 0.000112910

Download LUNC/USDT Signal Image

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