The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00012 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 layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.00012 |
| Current Price | 0.000093590 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00012 – 0.00011 – 0.0001 – 8.0E-5 – 7.0E-5 – 7.0E-5 —
0.000089060 – 0.000099290 —
24.036218700291 – 49.454825587661 —
– —
0.00012 – 1778000400
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – – –