The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A bearish descent down to the next support level at 0.000118250 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000126650 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Evening Star’ candle pattern is discovered. The chart shows ‘Evening Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000126890 |
2nd High | 0.000126840 |
Next High | 0.000126650 |
Current Price | 0.000124270 |
Next Low | 0.000118250 |
2nd Low | 0.000115510 |
3rd Low | 0.000115350 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Evening Star