The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.000059060 is certain.
Caution: A possible change in the direction of the resistance zone at 0.000059900 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000060060 |
| Next High | 0.000059900 |
| Current Price | 0.000059500 |
| Next Low | 0.000059060 |
| 2nd Low | 0.000058600 |
| 3rd Low | 0.000058500 |
0.000059900 – 0.000059830 – 0.000059720 – 0.000059060 – 0.000058600 – 0.000058900 — 52.485845299075 – 47.249354641066
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Double bottom chart pattern – –