LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.000057270 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000059590 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Matching Low’ candle pattern is detected. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062500 |
| 2nd High | 0.000061050 |
| Next High | 0.000059590 |
| Current Price | 0.000058200 |
| Next Low | 0.000057270 |
| 2nd Low | 0.000056400 |
| 3rd Low | 0.000055570 |
0.000059590 – 0.000061050 – 0.000060950 – 0.000057270 – 0.000059640 – 0.000059930 — 47.198530117277 – 47.198530117277
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – – –