LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.000114350 will continue.
Caution: A possible change in the direction of resistance at 0.000122260 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000137400 |
| 2nd High | 0.000135310 |
| Next High | 0.000122260 |
| Current Price | 0.000108840 |
| Next Low | 0.000114350 |
| 2nd Low | 0.000105190 |
| 3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing