In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A descent downwards to the next support at 0.000058760 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000065040 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072990 |
| 2nd High | 0.000072460 |
| Next High | 0.000065040 |
| Current Price | 0.000059510 |
| Next Low | 0.000058760 |
| 2nd Low | 0.000055050 |
| 3rd Low | 0.000054120 |
0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 38.613212378841 – 38.469350037102
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern –