LUNC/USDT – 1H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.000057260 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000062070 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Collapsing Doji Star’ candle chart pattern is existing. The chart shows ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069280 |
| 2nd High | 0.000065040 |
| Next High | 0.000062070 |
| Current Price | 0.000061160 |
| Next Low | 0.000057260 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000062070 – 0.000065040 – 0.000064050 – 0.000057260 – 0.000059020 – 0.000059610 — 64.60187161943 – 60.737954703025
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Collapsing Doji Star – –