The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.000107950 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000114910 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Above the Stomach’ chart pattern is detected. The candles show ‘Above the Stomach’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000122260 |
2nd High | 0.000121090 |
Next High | 0.000114910 |
Current Price | 0.000113470 |
Next Low | 0.000107950 |
2nd Low | 0.000105190 |
3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Above the Stomach