The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.000110390 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000121090 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Line Strike – Bearish’ candlestick pattern is existing. The candles form ‘Three Line Strike – Bearish’. this is a bearish 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 ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000135310 |
2nd High | 0.000122260 |
Next High | 0.000121090 |
Current Price | 0.000111220 |
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 Line Strike – Bearish