The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support at 9.0E-5 is certain.
Caution: A possible trend reversal in the direction of resistance at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Tweezers Top’ chart pattern is discovered. The candles form ‘Tweezers Top’. which 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 likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.000112650 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.0001 – 0.00011 – 9.0E-5 – 9.0E-5 – 8.0E-5 – 8.0E-5 —
0.000121960 – 0.000115230 —
84.923056056471 – 61.307573272576 —
– —
0.0001 – 1777962600
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Tweezers Top – – –