The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at will continue.
Caution: A possible change in the direction of resistance at 0.000059970 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. 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 | 0.000063460 |
| 2nd High | 0.000061050 |
| Next High | 0.000059970 |
| Current Price | 0.000058330 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000059970 – 0.000061050 – 0.000063460 – 0.000056800 – 0.000057270 – 0.000056400 — 46.869562379616 – 45.078853625458
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Double top retreat up – –