The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support level at 0.000058880 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000060980 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
And also a ‘Matching Low’ candlestick chart pattern is discovered. The candles form ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062060 |
| 2nd High | 0.000061500 |
| Next High | 0.000060980 |
| Current Price | 0.000059650 |
| Next Low | 0.000058880 |
| 2nd Low | 0.000058290 |
| 3rd Low | 0.000057760 |
0.000060980 – 0.000059700 – 0.000060650 – 0.000058880 – 0.000058290 – 0.000057760 — 39.721635597435 – 39.315693478637
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – – –