LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards
A descending movement down to the next support level at 0.000100580 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000104970 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Last Engulfing Bottom:’ candlestick pattern is discovered. The candles show ‘Last Engulfing Bottom:’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000124540 |
| 2nd High | 0.000121990 |
| Next High | 0.000104970 |
| Current Price | 0.000102490 |
| Next Low | 0.000100580 |
| 2nd Low | 0.000099270 |
| 3rd Low | 0.000095050 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Last Engulfing Bottom: