The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 3.0E-5 is likely expected.
Caution: A possible change in the direction of resistance at 4.0E-5 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000035410 |
| Next Low | 3.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
4.0E-5 – 4.0E-5 – 4.0E-5 – 3.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038240 – 0.000037200 —
53.585802384742 – 45.417089973223 —
– —
4.0E-5 – 1769803200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – – –