In addition a ‘Double top chart pattern’ chart layout is detected. The chart shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000065040 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072990 |
| 2nd High | 0.000072460 |
| Next High | 0.000065040 |
| Current Price | 0.000059770 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 47.982070414736 – 41.238507192217
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Double top chart pattern –