The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.000114630 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000121990 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.00011512 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000121990 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Matching Low’ candle pattern is detected. The chart shows ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000135310 |
2nd High | 0.000124540 |
Next High | 0.000121990 |
Current Price | 0.000119160 |
Next Low | 0.000114630 |
2nd Low | 0.000112720 |
3rd Low | 0.000105700 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low