The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 0.000117540 is certain.
Caution: A possible change in the direction of the resistance line at 0.000121990 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Belt Hold’ candle pattern is found. The chart forms ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.000119160 |
Next Low | 0.000117540 |
2nd Low | 0.000117000 |
3rd Low | 0.000114630 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold