The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.000055150 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000058340 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000058530 |
2nd High | 0.000058390 |
Next High | 0.000058340 |
Current Price | 0.000057260 |
Next Low | 0.000055150 |
2nd Low | 0.000053540 |
3rd Low | 0.000051200 |
0.000058340 – 0.000057560 – 0.000058390 – 0.000055150 – 0.000056840 – 0.000056630