The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000059800 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Identical 3 Crows’ candlestick pattern is discovered. The candles form ‘Identical 3 Crows’. this 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 likelyhood of ‘Identical 3 Crows’ going down is 79% (Bull Market) & 72% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000059800 |
| Current Price | 0.000059210 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000059800 – 0.000058950 – 0.000058690 – 0.000056400 – 0.000058080 – 0.000059810 — 55.108000248165 – 53.239706771764
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Identical 3 Crows – Rising Wedge Chart Pattern – –