The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.000061750 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000062700 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063720 |
| 2nd High | 0.000063100 |
| Next High | 0.000062700 |
| Current Price | 0.000061850 |
| Next Low | 0.000061750 |
| 2nd Low | 0.000061600 |
| 3rd Low | 0.000060840 |
0.000062700 – 0.000062660 – 0.000063100 – 0.000061750 – 0.000061600 – 0.000060840 — 45.088332744391 – 39.932631280833
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom retreat down – –