LUNC/USDT – 30M – SELLAlso there is a ‘Triple bottom chart pattern’ chart pattern is discovered. The chart forms ‘Triple bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to rise.
The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.000062490 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000065320 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Concealing Baby Swallow’ candlestick chart pattern is detected. The candles show ‘Concealing Baby Swallow’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000065320 |
| Current Price | 0.000064330 |
| Next Low | 0.000062490 |
| 2nd Low | 0.000062370 |
| 3rd Low | 0.000060800 |
0.000063590 – 0.000063870 – 0.000063350 – 0.000062490 – 0.000062370 – 0.000060800
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Concealing Baby Swallow – Triple bottom chart pattern