LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support at 0.000117540 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.000121990 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Bearish Belt Hold’ candlestick pattern is discovered. The candles form ‘Bearish Belt Hold’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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