Then a ‘Double bottom retreat down’ chart layout is discovered. The chart 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) jumps from the bullish trendline downwards
A bearish descent down to the next support level at 0.000057760 is certain.
Caution: A possible change in the direction of the resistance level at 0.000062580 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063460 |
| Next High | 0.000062580 |
| Current Price | 0.000059810 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000056800 |
| 3rd Low | 0.000056400 |
0.000062580 – 0.000060060 – 0.000059970 – 0.000057760 – 0.000059580 – 0.000057760 — 45.245639031756 – 43.537250879972
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Double bottom retreat down – –