LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.000126190 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.000137160 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Bearish Engulfing’ chart pattern is existing. 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’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000141100 |
| 2nd High | 0.000139820 |
| Next High | 0.000137160 |
| Current Price | 0.000133640 |
| Next Low | 0.000126190 |
| 2nd Low | 0.000124050 |
| 3rd Low | 0.000107570 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing