The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A descent down to the next support level at 0.000056840 will persist.
Caution: A possible change in the direction of the resistance level at 0.000058340 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000058530 |
2nd High | 0.000058390 |
Next High | 0.000058340 |
Current Price | 0.000056670 |
Next Low | 0.000056840 |
2nd Low | 0.000056630 |
3rd Low | 0.000056160 |
0.000058340 – 0.000057560 – 0.000058390 – 0.000056840 – 0.000056630 – 0.000056160
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Black Crows