The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A descent downwards to the next support at will persist.
Caution: A possible counter-trend in the direction of the resistance level at 4.0E-5 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000037400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038350 – 0.000038030 —
52.576745755689 – 51.279317534516 —
– —
0.00004 – 1769805000
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – – –