Sell LUNC/USDT – 30M – SELL

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

A bearish movement down to the next support line at 0.000117540 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000121990 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Bearish Belt Hold’ candle pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading 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 0.000119160
Next Low 0.000117540
2nd Low 0.000117000
3rd Low 0.000114630

Download LUNC/USDT Signal Image

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