The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support line at 0.000160940 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000179800 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Evening Star’ candlestick chart pattern is discovered. The chart forms ‘Evening Star’. 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 success rate of a ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.000179800 |
Current Price | 0.000161710 |
Next Low | 0.000160940 |
2nd Low | 0.000156800 |
3rd Low | 0.000123750 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Evening Star