Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support at 0.000058860 will persist.
Caution: A possible change in the direction of the resistance line at 0.000060440 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Also there is a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000060470 |
| Next High | 0.000060440 |
| Current Price | 0.000059070 |
| Next Low | 0.000058860 |
| 2nd Low | 0.000057500 |
| 3rd Low | 0.000057300 |
0.000060440 – 0.000060470 – 0.000064170 – 0.000058860 – 0.000057500 – 0.000057300 — 44.824754224426 – 44.242565949885
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –