There is also a ‘Double bottom retreat down’ chart formation is found. The chart picture shows ‘Double bottom retreat down’. this is a bearish chart scenario. The pair is likely to go down.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000063460 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.
There is also a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. 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 | 0.000064450 |
| 2nd High | 0.000064170 |
| Next High | 0.000063460 |
| Current Price | 0.000059360 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000063460 – 0.000064170 – 0.000063400 – 0.000056400 – 0.000057460 – 0.000057300 — 56.584694170807 – 47.141666814044
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double bottom retreat down – –