The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.0E-5 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish 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 | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000036240 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000037050 – 0.000038590 —
39.477533467924 – 56.017187723335 —
– —
0.00004 – 1769630400
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Double top chart pattern – –