Sell LUNC/USDT – 30M – SELL

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

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