LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000061390 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
Besides a ‘Matching Low’ candle pattern is detected. The candles form ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000061390 |
| Current Price | 0.000060400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000061390 – 0.000061000 – 0.000061280 – 0.000059580 – 0.000059900 – 0.000059060 — 46.418802035267 – 45.970318916449
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Triple bottom chart pattern – –