Sell LUNC/USDT – 30M – SELL

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

The bearish trend downwards to the next support at 0.000109210 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000116100 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 0.000130500
Next High 0.000116100
Current Price 0.000112800
Next Low 0.000109210
2nd Low 0.000102990
3rd Low 0.000101210

Download LUNC/USDT Signal Image

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