The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support level at 0.000117000 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000124540 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Inverted Hammer’ candle chart pattern is found. The chart forms ‘Inverted Hammer’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ heading up is 65% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000137400 |
2nd High | 0.000135310 |
Next High | 0.000124540 |
Current Price | 0.000119130 |
Next Low | 0.000117000 |
2nd Low | 0.000114630 |
3rd Low | 0.000112910 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Inverted Hammer