Sell LUNC/USDT – 30M – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 0.000107950 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.000114890 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Bearish Engulfing’ candle chart pattern is found. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.000121090
2nd High 0.000114910
Next High 0.000114890
Current Price 0.000112340
Next Low 0.000107950
2nd Low 0.000105190
3rd Low 0.000104770

Download LUNC/USDT Signal Image

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