The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.000060770 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000064200 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Then a ‘Two Crows’ candle pattern is detected. The chart forms ‘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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000064200 |
| Current Price | 0.000063880 |
| Next Low | 0.000060770 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000064200 – 0.000064110 – 0.000065680 – 0.000060770 – 0.000061800 – 0.000055570
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Two Crows –