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
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –