Sell LUNC/USDT – 30M – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards

A bearish descent downwards to the next support line at 0.000102990 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000121990 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.000135310
2nd High 0.000124540
Next High 0.000121990
Current Price 0.000103460
Next Low 0.000102990
2nd Low 0.000101210
3rd Low 0.000101200

Download LUNC/USDT Signal Image

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