Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.
The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support level at 0.000059500 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000061290 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘RSI fall below 30’ indicator layout is discovered. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062070 |
| 2nd High | 0.000061500 |
| Next High | 0.000061290 |
| Current Price | 0.000059960 |
| Next Low | 0.000059500 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000055570 |
0.000061290 – 0.000061500 – 0.000060350 – 0.000059500 – 0.000057260 – 0.000058510 — 44.324252594498 – 40.140432093955
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Symmetrical Triangle Chart Pattern –