The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 4.0E-5 is certain.
Caution: A possible change in the direction of resistance at 5.0E-5 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000046110 |
| Next Low | 4.0E-5 |
| 2nd Low | 3.0E-5 |
| 3rd Low | 2.0E-5 |
5.0E-5 – 6.0E-5 – 6.0E-5 – 4.0E-5 – 5.0E-5 – 5.0E-5 — 49.682720359038 – 47.315427761607 — 77.765240105182 – 88.986421226067 – 62.718022376065 – 79.190358280919
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – – –