The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.000055570 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000069150 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.
Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 6.072E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000069150 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072460 |
| 2nd High | 0.000069280 |
| Next High | 0.000069150 |
| Current Price | 0.000059170 |
| Next Low | 0.000055570 |
| 2nd Low | 0.000055050 |
| 3rd Low | 0.000054880 |
0.000069150 – 0.000069280 – 0.000068950 – 0.000060720 – 0.000067360 – 0.000066850
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Double top chart pattern –