Sell LUNC/USDT – 30M – SELL

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

A descending movement down to the next support level at 0.000163000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000171170 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bearish Engulfing’ candle chart pattern is found. The chart shows ‘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 probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 0.000179800
Next High 0.000171170
Current Price 0.000163260
Next Low 0.000163000
2nd Low 0.000155020
3rd Low 0.000123750

Download LUNC/USDT Signal Image

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