The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.000092620 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000101000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. 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 | 0.000104970 |
2nd High | 0.000104500 |
Next High | 0.000101000 |
Current Price | 0.000100210 |
Next Low | 0.000092620 |
2nd Low | |
3rd Low |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows