The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support at will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.0001 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Bearish Belt Hold’ chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.00012 |
| Next High | 0.0001 |
| Current Price | 0.000092620 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.0001 – 0.0001 – 0.00012 – 9.0E-5 – 9.0E-5 – 9.0E-5 —
0.000094260 – 0.000094420 —
56.21477452504 – 52.009120920297 —
– —
0.0001 – 1778261400
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Belt Hold – – –