Sell LUNC/USDT – 30M – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.

A bearish descent down to the next support level at 0.000118250 is certain.

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

Also there is a ‘Evening Star’ candle pattern is discovered. The chart shows ‘Evening Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Evening Star’ heading down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000126890
2nd High 0.000126840
Next High 0.000126650
Current Price 0.000124270
Next Low 0.000118250
2nd Low 0.000115510
3rd Low 0.000115350

Download LUNC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals