LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards
A descent down to the next support level at 0.000116610 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.000120000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bearish Engulfing’ chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000121090 |
| 2nd High | 0.000120390 |
| Next High | 0.000120000 |
| Current Price | 0.000119170 |
| Next Low | 0.000116610 |
| 2nd Low | 0.000112910 |
| 3rd Low | 0.000112720 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing