Next a ‘Triple bottom chart pattern’ chart layout is existing. The chart picture forms ‘Triple bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.
The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 0.000059760 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000061500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Next a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062580 |
| 2nd High | 0.000062060 |
| Next High | 0.000061500 |
| Current Price | 0.000060140 |
| Next Low | 0.000059760 |
| 2nd Low | 0.000059580 |
| 3rd Low | 0.000059060 |
0.000061500 – 0.000062060 – 0.000062580 – 0.000059760 – 0.000060600 – 0.000060610 — 42.042218072868 – 42.042218072868
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –