The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.000106870 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000112520 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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 | 0.000116100 |
2nd High | 0.000112550 |
Next High | 0.000112520 |
Current Price | 0.000108330 |
Next Low | 0.000106870 |
2nd Low | 0.000106200 |
3rd Low | 0.000101200 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows