Sell LUNC/USDT – 1H – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.

A bearish trend down to the next support level at 0.000112720 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000120390 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000135310
2nd High 0.000122260
Next High 0.000120390
Current Price 0.000119320
Next Low 0.000112720
2nd Low 0.000105700
3rd Low 0.000105190

Download LUNC/USDT Signal Image

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