The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.000116300 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000118730 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Two Crows’ candlestick pattern is discovered. The candles show ‘Two Crows’. this 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’ going down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000120000 |
2nd High | 0.000119990 |
Next High | 0.000118730 |
Current Price | 0.000115490 |
Next Low | 0.000116300 |
2nd Low | 0.000112910 |
3rd Low | 0.000112720 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows