The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A descending movement down to the next support line at 0.000117540 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000121990 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bearish Belt Hold’. this is a bearish pattern signal. 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’ 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