The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at 9.0E-5 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.0001 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
And also a ‘Bearish Engulfing’ candle pattern is detected. The chart forms ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.00012 |
| Next High | 0.0001 |
| Current Price | 0.000092220 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.0001 – 0.0001 – 0.00012 – 9.0E-5 – 9.0E-5 – 9.0E-5 —
0.000095100 – 0.000092370 —
58.020681869099 – 49.368263575644 —
– —
0.0001 – 1778261400
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing – – –