The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.000110390 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000119160 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000137400 |
2nd High | 0.000135310 |
Next High | 0.000119160 |
Current Price | 0.000114790 |
Next Low | 0.000110390 |
2nd Low | 0.000105190 |
3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows