The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000107570 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000135310 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Line Strike – Bearish’ candle pattern is discovered. The chart shows ‘Three Line Strike – Bearish’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000139820 |
2nd High | 0.000137400 |
Next High | 0.000135310 |
Current Price | 0.000105690 |
Next Low | 0.000107570 |
2nd Low | 0.000102990 |
3rd Low | 0.000101210 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Line Strike – Bearish