LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at is considered certain.
Caution: A possible change in the direction of the resistance level at 0.000057560 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000058530 |
| 2nd High | 0.000058390 |
| Next High | 0.000057560 |
| Current Price | 0.000057970 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000057560 – 0.000058390 – 0.000058530 – 0.000056840 – 0.000056630 – 0.000056160
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Two Crows