LUNC/USDT – 30M – SELLBesides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A bearish movement down to the next support level at 0.000067360 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000069150 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading 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 –