LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support line at 0.000117540 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000121990 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bearish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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