LUNC/USDT – 1H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support level at 0.000062800 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000069280 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072990 |
| 2nd High | 0.000072460 |
| Next High | 0.000069280 |
| Current Price | 0.000063870 |
| Next Low | 0.000062800 |
| 2nd Low | 0.000062660 |
| 3rd Low | 0.000060570 |
0.000064050 – 0.000063850 – 0.000063590 – 0.000062800 – 0.000062660 – 0.000060570 — 52.619646083684 – 48.38502152725
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double bottom retreat down –