And also a ‘Triple bottom chart pattern’ chart layout is existing. The chart forms ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 0.000059930 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000062060 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘Shooting Star’ candle pattern is discovered. The chart shows ‘Shooting Star’. 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 ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062580 |
| Next High | 0.000062060 |
| Current Price | 0.000060300 |
| Next Low | 0.000059930 |
| 2nd Low | 0.000059580 |
| 3rd Low | 0.000059060 |
0.000062060 – 0.000062580 – 0.000061970 – 0.000060600 – 0.000060610 – 0.000061240 — 33.027714911676 – 32.729764901282
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Shooting Star – Triple bottom chart pattern – –