LUNC/USDT – 1H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support level at 0.000114630 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000121990 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bearish Belt Hold’ candlestick pattern is found. The chart forms ‘Bearish Belt Hold’. 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 Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135310 |
| 2nd High | 0.000124540 |
| Next High | 0.000121990 |
| Current Price | 0.000119330 |
| Next Low | 0.000114630 |
| 2nd Low | 0.000112720 |
| 3rd Low | 0.000105700 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold