The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
The bearish trend down to the next support at 0.000117540 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000121990 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Belt Hold’ candlestick pattern is existing. The chart forms ‘Bearish Belt Hold’. which 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 probability 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