LUNC/USDT – 4H – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support at 0.000059000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000062690 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Matching Low’ candle chart pattern is detected. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063460 |
| Next High | 0.000062690 |
| Current Price | 0.000055970 |
| Next Low | 0.000059000 |
| 2nd Low | 0.000057760 |
| 3rd Low | 0.000056800 |
0.000062690 – 0.000062580 – 0.000060060 – 0.000059000 – 0.000057760 – 0.000059580 — 23.842348406368 – 22.785538553605
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –