There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A bearish trend down to the next support level at 0.000067360 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000069150 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072460 |
| 2nd High | 0.000069280 |
| Next High | 0.000069150 |
| Current Price | 0.000066970 |
| Next Low | 0.000067360 |
| 2nd Low | 0.000066850 |
| 3rd Low | 0.000065630 |
0.000069150 – 0.000069280 – 0.000068950 – 0.000067360 – 0.000066850 – 0.000069210
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –