The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support level at 0.000117540 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000121990 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bearish Belt Hold’ candle chart pattern is found. The chart shows ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. 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
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold