Sell LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at 0.000105190 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000111280 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Evening Star’ candlestick chart pattern is existing. 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 probability of ‘Evening Star’ going down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000137400
2nd High 0.000135310
Next High 0.000111280
Current Price 0.000107460
Next Low 0.000105190
2nd Low 0.000104770
3rd Low 0.000102990

Download LUNC/USDT Signal Image

Trading Signals:

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