Sell LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards

A bearish movement down to the next support level at 9.0E-5 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.0001 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Last Engulfing Top’ candle pattern is discovered. The chart shows ‘Last Engulfing Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.00012
Next High 0.0001
Current Price 0.000094620
Next Low 9.0E-5
2nd Low 8.0E-5
3rd Low 7.0E-5

0.0001 – 0.0001 – 0.0001 – 9.0E-5 – 9.0E-5 – 9.0E-5 —
0.000093400 – 0.000094950 —
53.520458458082 – 57.1253570728 —
– —
0.0001 – 1778302800

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