Sell LUNC/USDT – 30M – SELL

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

A descent downwards to the next support at 0.000118250 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000126650 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.000126890
2nd High 0.000126840
Next High 0.000126650
Current Price 0.000123600
Next Low 0.000118250
2nd Low 0.000115510
3rd Low 0.000115350

Download LUNC/USDT Signal Image

Trading Signals:

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