The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support line at 0.000062390 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000065680 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069620 |
| 2nd High | 0.000067870 |
| Next High | 0.000065680 |
| Current Price | 0.000064040 |
| Next Low | 0.000062390 |
| 2nd Low | 0.000061840 |
| 3rd Low | 0.000060770 |
0.000064200 – 0.000062990 – 0.000064110 – 0.000062390 – 0.000061840 – 0.000060770
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Black Crows – Double bottom retreat down