The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 3.0E-5 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.000034400 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Line Strike – Bearish’ candlestick chart pattern is discovered. The chart shows ‘Three Line Strike – Bearish’. 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 Line Strike – Bearish’ going down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.0E-5 |
| Next High | 0.000034400 |
| Current Price | 0.000032830 |
| Next Low | 3.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
0.000034400 – 3.0E-5 – 4.0E-5 – 3.0E-5 – 3.0E-5 – 4.0E-5 —
0.000034400 – 0.000033110 —
55.000483269794 – 32.819128499462 —
0.000034400 – 1770894000 —
– 1770894000
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Line Strike – Bearish – Symmetrical Triangle Chart Pattern – –