LUNC/USDT – 1H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.000095050 is certain.
Caution: A possible change in the direction of the resistance line at 0.000121990 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Bearish Belt Hold’ candle chart pattern is existing. The chart shows ‘Bearish Belt Hold’. which is a bearish pattern 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 | 0.000100030 |
| Next Low | 0.000095050 |
| 2nd Low | |
| 3rd Low |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold