LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.000106870 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000112520 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000116100 |
| 2nd High | 0.000112550 |
| Next High | 0.000112520 |
| Current Price | 0.000111190 |
| Next Low | 0.000106870 |
| 2nd Low | 0.000106200 |
| 3rd Low | 0.000101200 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing