The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
A descent downwards to the next support level at 0.000058870 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000060980 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062060 |
| 2nd High | 0.000061500 |
| Next High | 0.000060980 |
| Current Price | 0.000061050 |
| Next Low | 0.000058870 |
| 2nd Low | 0.000058290 |
| 3rd Low | 0.000057760 |
0.000060980 – 0.000059700 – 0.000060650 – 0.000058870 – 0.000058880 – 0.000058290 — 62.194318920538 – 61.322387999996
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –