LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support level at 2.0E-5 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.000027400 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Two Crows’ candlestick pattern is detected. The candles show ‘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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3.0E-5 |
| Next High | 0.000027400 |
| Current Price | 0.000026480 |
| Next Low | 2.0E-5 |
| 2nd Low | |
| 3rd Low |
0.000027400 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 — 38.538665187961 – 37.239875956699 — 26.571696851829 – 14.324207529424 – 43.209726966135 – 29.782344619065
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double top chart pattern – –