LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support level at will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 4.0E-5 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘Bearish Belt Hold’ chart pattern is discovered. The candles form ‘Bearish Belt Hold’. which is a negative chart scenario. The 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 | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000037880 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038320 – 0.000038140 —
48.900152928577 – 51.129820221556 —
– —
0.00004 – 1769268600
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –