LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support level at 0.000058480 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000062360 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
In addition a ‘Bearish Breakaway’ candlestick chart pattern is discovered. The chart shows ‘Bearish Breakaway’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Breakaway’ heading down is 63% (Bull Market) & 89% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063000 |
| Next High | 0.000062360 |
| Current Price | 0.000058720 |
| Next Low | 0.000058480 |
| 2nd Low | 0.000057000 |
| 3rd Low | 0.000056610 |
0.000062360 – 0.000062360 – 0.000063000 – 0.000058480 – 0.000060870 – 0.000061500 — 40.141221582756 – 38.43225527792
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Breakaway – – –