The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.000060870 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000062360 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063000 |
| Next High | 0.000062360 |
| Current Price | 0.000061240 |
| Next Low | 0.000060870 |
| 2nd Low | 0.000057000 |
| 3rd Low | 0.000056610 |
0.000062360 – 0.000062360 – 0.000063000 – 0.000060870 – 0.000061500 – 0.000057000 — 42.01204539669 – 39.902118077864
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – – –