And also a ‘Double top chart pattern’ chart pattern is found. The chart forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support at is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000060460 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 5.881502E-5 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000060460 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062690 |
| Next High | 0.000060460 |
| Current Price | 0.000059930 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000060460 – 0.000062690 – 0.000061830 – 0.000059000 – 0.000058870 – 0.000057760 — 55.202057993112 – 48.117447986909
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Double top chart pattern – –