The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.000107950 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000121090 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000135310 |
2nd High | 0.000122260 |
Next High | 0.000121090 |
Current Price | 0.000113940 |
Next Low | 0.000107950 |
2nd Low | 0.000105190 |
3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows