LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support line at 0.000061800 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000064110 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Tweezers Top’ candle pattern is detected. The candles form ‘Tweezers Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000064110 |
| Current Price | 0.000062050 |
| Next Low | 0.000061800 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000064110 – 0.000065680 – 0.000056370 – 0.000061800 – 0.000063190 – 0.000063110
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Tweezers Top – Double bottom retreat down