LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
A bearish trend down to the next support level at 0.000163000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.000171170 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish Engulfing’ candle pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. 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 | |
| 2nd High | 0.000179800 |
| Next High | 0.000171170 |
| Current Price | 0.000162970 |
| Next Low | 0.000163000 |
| 2nd Low | 0.000155020 |
| 3rd Low | 0.000123750 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing