The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.000062070 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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 | 0.000069150 |
| 2nd High | 0.000065040 |
| Next High | 0.000062070 |
| Current Price | 0.000060740 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000062070 – 0.000065040 – 0.000064050 – 0.000059610 – 0.000063350 – 0.000062800 — 45.317956251158 – 42.077327352926
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double top chart pattern –