The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support line at 0.000061480 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000063460 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Two Crows’ candlestick pattern is discovered. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. 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 | 0.000064450 |
| 2nd High | 0.000064170 |
| Next High | 0.000063460 |
| Current Price | 0.000062450 |
| Next Low | 0.000061480 |
| 2nd Low | 0.000057460 |
| 3rd Low | 0.000057400 |
0.000063460 – 0.000059840 – 0.000060070 – 0.000061480 – 0.000057460 – 0.000058860 — 58.405657153885 – 53.878334229063
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – – –