Sell LUNC/USDT – 1H – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards

A descent downwards to the next support line at 0.000118250 will continue.

Caution: A possible change in the direction of resistance at should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative 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’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 0.000170840
Next Low 0.000118250
2nd Low 0.000115510
3rd Low 0.000115350

Download LUNC/USDT Signal Image

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