The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support line at is expected.
Caution: A possible reversal of the trend in the direction of resistance at 4.0E-5 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Besides a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. 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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000037220 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000037940 – 0.000038300 —
33.766296478612 – 52.519511571047 —
– —
0.00004 – 1768960800
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – Double top chart pattern – –