LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 0.000117540 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000121990 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Bearish Belt Hold’ chart pattern is found. The chart forms ‘Bearish Belt Hold’. which is a bearish chart scenario. The currency pair is likely to go down. 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 | 0.000124540 |
| Next High | 0.000121990 |
| Current Price | 0.000119160 |
| Next Low | 0.000117540 |
| 2nd Low | 0.000117000 |
| 3rd Low | 0.000114630 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold