LUNC/USDT – 4H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 3.0E-5 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 4.0E-5 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Tweezers Top’ candle chart pattern is detected. The chart shows ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000035940 |
| Next Low | 3.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
4.0E-5 – 4.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000037710 – 0.000037100 —
41.530545518514 – 30.831078611893 —
– —
0.00004 – 1769256000
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Tweezers Top – Double top chart pattern – –