The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.000050590 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000057960 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.
There is also a ‘Three Inside Down’ candle chart pattern is discovered. The candles form ‘Three Inside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000059750 |
2nd High | 0.000058820 |
Next High | 0.000057960 |
Current Price | 0.000056470 |
Next Low | 0.000050590 |
2nd Low | |
3rd Low |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Inside Down