LUNC/USDT – 4H – SELLAlso there is a ‘Double bottom chart pattern’ chart pattern is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A descending movement down to the next support level at 0.000059580 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000061050 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Below The Stomach’ chart pattern is found. The candles form ‘Below The Stomach’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063460 |
| Next High | 0.000061050 |
| Current Price | 0.000060260 |
| Next Low | 0.000059580 |
| 2nd Low | 0.000057760 |
| 3rd Low | 0.000056800 |
0.000060060 – 0.000059970 – 0.000061050 – 0.000059580 – 0.000057760 – 0.000056800 — 43.656896276149 – 46.104672204015
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Below The Stomach – Double bottom chart pattern – –