LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support at 0.000114900 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000121090 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Bearish Engulfing’ chart pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. 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 | 0.000135310 |
| 2nd High | 0.000122260 |
| Next High | 0.000121090 |
| Current Price | 0.000114040 |
| Next Low | 0.000114900 |
| 2nd Low | 0.000114350 |
| 3rd Low | 0.000110390 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing