LUNC/USDT – 1H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support at 0.000118250 will persist.
Caution: A possible change in the direction of resistance at 0.000168000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish Engulfing’ chart pattern is found. The candles show ‘Bearish Engulfing’. which is a negative 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 | |
| Next High | 0.000168000 |
| Current Price | 0.000169890 |
| 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