The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A descent downwards to the next support line at 0.000117540 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000121990 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Belt Hold’ candlestick pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going 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