Sell LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 0.000124050 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.000139820 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Evening Star’ candle chart pattern is existing. The chart forms ‘Evening Star’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ heading down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000150860
2nd High 0.000141100
Next High 0.000139820
Current Price 0.000129830
Next Low 0.000124050
2nd Low 0.000107570
3rd Low 0.000102990

Download LUNC/USDT Signal Image

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