The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support at 0.000159190 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000163560 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000171170 |
2nd High | 0.000165400 |
Next High | 0.000163560 |
Current Price | 0.000158160 |
Next Low | 0.000159190 |
2nd Low | 0.000158500 |
3rd Low | 0.000155020 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows