The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A descending movement down to the next support level at 6.0E-5 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 8.0E-5 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Furthermore a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 8.0E-5 |
| Current Price | 0.000066050 |
| Next Low | 6.0E-5 |
| 2nd Low | 5.0E-5 |
| 3rd Low | 4.0E-5 |
7.0E-5 – 6.0E-5 – 7.0E-5 – 6.0E-5 – 5.0E-5 – 5.0E-5 —
0.000069280 – 0.000071810 —
60.116509235546 – 66.762571201608 —
– —
7.0E-5 – 1777336200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – – –