And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.
The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A descent downwards to the next support level at 0.000060620 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000062430 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
And also a ‘Shooting Star’ candle pattern is found. The chart forms ‘Shooting Star’. which is a bearish 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’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062690 |
| Next High | 0.000062430 |
| Current Price | 0.000060740 |
| Next Low | 0.000060620 |
| 2nd Low | 0.000058870 |
| 3rd Low | 0.000058290 |
0.000062430 – 0.000062690 – 0.000061830 – 0.000060620 – 0.000061340 – 0.000060740 — 39.002634845293 – 38.859400477819
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Shooting Star – Symmetrical Triangle Chart Pattern – –