In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart shows ‘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) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.000058780 is expected.
Caution: A possible change in the direction of the resistance line at 0.000059800 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
In addition a ‘Dark Cloud Cover’ chart pattern is discovered. The candles show ‘Dark Cloud Cover’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Dark Cloud Cover’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000059800 |
| Current Price | 0.000059070 |
| Next Low | 0.000058780 |
| 2nd Low | 0.000056400 |
| 3rd Low | 0.000055570 |
0.000059800 – 0.000058950 – 0.000058690 – 0.000058780 – 0.000056400 – 0.000058080 — 49.500112419056 – 49.761894330299
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Dark Cloud Cover – Symmetrical Triangle Chart Pattern – –