LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support level at 0.000118250 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000123920 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000126890 |
| 2nd High | 0.000126840 |
| Next High | 0.000123920 |
| Current Price | 0.000123540 |
| Next Low | 0.000118250 |
| 2nd Low | 0.000115510 |
| 3rd Low | 0.000115350 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing