LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 0.000107950 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000114910 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Last Engulfing Bottom:’ candle chart pattern is existing. The chart forms ‘Last Engulfing Bottom:’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000122260 |
| 2nd High | 0.000121090 |
| Next High | 0.000114910 |
| Current Price | 0.000113200 |
| Next Low | 0.000107950 |
| 2nd Low | 0.000105190 |
| 3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Last Engulfing Bottom: