Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support level at 0.000060780 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000063650 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘RSI fall below 70’ indicator layout is found. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.
Next a ‘Two Crows’ candle chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069150 |
| 2nd High | 0.000063850 |
| Next High | 0.000063650 |
| Current Price | 0.000063080 |
| Next Low | 0.000060780 |
| 2nd Low | 0.000060570 |
| 3rd Low | 0.000058760 |
0.000063650 – 0.000063850 – 0.000062780 – 0.000060780 – 0.000060570 – 0.000058760 — 50.542053366295 – 50.004376558856
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern –