The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.000158500 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000165400 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000179800 |
2nd High | 0.000171170 |
Next High | 0.000165400 |
Current Price | 0.000162130 |
Next Low | 0.000158500 |
2nd Low | 0.000155020 |
3rd Low | 0.000123750 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows