LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.000060720 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000061830 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Two Crows’ candlestick pattern is found. The candles form ‘Two Crows’. this 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062580 |
| 2nd High | 0.000062060 |
| Next High | 0.000061830 |
| Current Price | 0.000062020 |
| Next Low | 0.000060720 |
| 2nd Low | 0.000058870 |
| 3rd Low | 0.000058290 |
0.000061830 – 0.000060980 – 0.000059700 – 0.000060720 – 0.000058870 – 0.000058880 — 66.235873060294 – 63.429953500454
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double bottom retreat down – –