The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.000060020 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000062270 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
Furthermore a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which could be a negative signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064450 |
| 2nd High | 0.000063720 |
| Next High | 0.000062270 |
| Current Price | 0.000060820 |
| Next Low | 0.000060020 |
| 2nd Low | 0.000059510 |
| 3rd Low | 0.000058390 |
0.000062270 – 0.000063720 – 0.000063000 – 0.000060020 – 0.000060210 – 0.000061840 — 49.741476070949 – 43.111673579136
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –