There is also a ‘Falling Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The pair is likely to go up.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.000061770 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000058960 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000064290 |
| Next High | 0.000061770 |
| Current Price | 0.000061600 |
| Next Low | 0.000058960 |
| 2nd Low | 0.000058240 |
| 3rd Low | 0.000055450 |
0.000061770 – 0.000064290 – 0.000062850 – 0.000058960 – 0.000058240 – 0.000055450