The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.000111790 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000114150 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Two Crows’ candle chart pattern is discovered. The candles form ‘Two Crows’. 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000114910 |
2nd High | 0.000114890 |
Next High | 0.000114150 |
Current Price | 0.000113750 |
Next Low | 0.000111790 |
2nd Low | 0.000106630 |
3rd Low | 0.000106350 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows