The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support level at 0.000058910 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000061050 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000061050 |
| Current Price | 0.000058830 |
| Next Low | 0.000058910 |
| 2nd Low | 0.000058810 |
| 3rd Low | 0.000058780 |
0.000061050 – 0.000060950 – 0.000060800 – 0.000059640 – 0.000059930 – 0.000058910 — 26.515182869961 – 25.999993308594
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –