The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A descent downwards to the next support at 0.000114350 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.000119160 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Evening Star’ candlestick chart pattern is discovered. The candles show ‘Evening Star’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000137400 |
2nd High | 0.000135310 |
Next High | 0.000119160 |
Current Price | 0.000115680 |
Next Low | 0.000114350 |
2nd Low | 0.000110390 |
3rd Low | 0.000105190 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Evening Star