The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.000116300 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000117730 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Collapsing Doji Star’ candle chart pattern is found. The chart forms ‘Collapsing Doji Star’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000119990 |
2nd High | 0.000118730 |
Next High | 0.000117730 |
Current Price | 0.000115880 |
Next Low | 0.000116300 |
2nd Low | 0.000112910 |
3rd Low | 0.000112720 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Collapsing Doji Star