The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.000106350 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000112020 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000114890 |
2nd High | 0.000113760 |
Next High | 0.000112020 |
Current Price | 0.000108450 |
Next Low | 0.000106350 |
2nd Low | 0.000105700 |
3rd Low | 0.000105190 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows