The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 3.0E-5 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000039510 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Three Inside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.0E-5 |
| Next High | 0.000039510 |
| Current Price | 0.000039090 |
| Next Low | 3.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
0.000039510 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000039510 – 0.000039510 —
68.234455306841 – 66.967853808882 —
0.000039510 – 1774317600 —
– 1774317600
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Inside Down – – –