The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.000059560 is considered certain.
Caution: A possible change in the direction of resistance at 0.000064450 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Two Crows’ candlestick chart pattern is discovered. The candles show ‘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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072460 |
| 2nd High | 0.000065040 |
| Next High | 0.000064450 |
| Current Price | 0.000060630 |
| Next Low | 0.000059560 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055050 |
0.000064450 – 0.000061500 – 0.000065040 – 0.000059560 – 0.000056610 – 0.000058760 — 48.962461234761 – 43.012200187174
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double bottom retreat down – –