The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000060630 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000064450 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
And also a ‘Matching Low’ candlestick pattern is detected. The chart shows ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069280 |
| 2nd High | 0.000065040 |
| Next High | 0.000064450 |
| Current Price | 0.000060710 |
| Next Low | 0.000060630 |
| 2nd Low | 0.000058390 |
| 3rd Low | 0.000056610 |
0.000064450 – 0.000061850 – 0.000059380 – 0.000061250 – 0.000060630 – 0.000058390 — 31.783029690507 – 31.394991147924
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Double top retreat up – –