The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support level at 0.000062660 is expected.
Caution: A possible change in the direction of resistance at 0.000063650 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Also there is a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069150 |
| 2nd High | 0.000063850 |
| Next High | 0.000063650 |
| Current Price | 0.000063380 |
| Next Low | 0.000062660 |
| 2nd Low | 0.000060780 |
| 3rd Low | 0.000060570 |
0.000063650 – 0.000063850 – 0.000062780 – 0.000062660 – 0.000060780 – 0.000060570 — 54.857703107668 – 52.51184605105
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – –