LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.000106630 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000114150 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Last Engulfing Top’ candlestick pattern is found. The chart forms ‘Last Engulfing Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000114910 |
| 2nd High | 0.000114890 |
| Next High | 0.000114150 |
| Current Price | 0.000113360 |
| Next Low | 0.000106630 |
| 2nd Low | 0.000106350 |
| 3rd Low | 0.000105700 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Last Engulfing Top