The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A descent down to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000062500 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.
Then a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062500 |
| Current Price | 0.000060330 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000062500 – 0.000063420 – 0.000062890 – 0.000059810 – 0.000061780 – 0.000061480 — 48.415895061037 – 45.018720745692
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Triple top chart pattern – –