LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support at 0.000058870 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000061500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Last Engulfing Top’ candle pattern is found. The candles form ‘Last Engulfing Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062580 |
| 2nd High | 0.000062060 |
| Next High | 0.000061500 |
| Current Price | 0.000060850 |
| Next Low | 0.000058870 |
| 2nd Low | 0.000058290 |
| 3rd Low | 0.000057760 |
0.000060980 – 0.000059700 – 0.000060650 – 0.000058870 – 0.000058880 – 0.000058290 — 61.472910953969 – 56.328752085609
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Last Engulfing Top – Triple bottom chart pattern – –