Sell LUNC/USDT – 30M – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.

A bearish descent downwards to the next support line at 0.000117540 is considered certain.

Caution: A possible change in the direction of resistance at 0.000121990 could happen.
Consider stop-loss settings accordingly.

Then a ‘Bearish Belt Hold’ candle chart pattern is discovered. The chart forms ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. 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

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