Sell LUNC/USDT – 30M – SELL

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

A bearish movement down to the next support line at 0.000160940 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000179800 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Evening Star’ candlestick chart pattern is discovered. The chart forms ‘Evening Star’. 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 success rate of a ‘Evening Star’ heading down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000179800
Current Price 0.000161710
Next Low 0.000160940
2nd Low 0.000156800
3rd Low 0.000123750

Download LUNC/USDT Signal Image

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