LUNC/USDT – 30M – SELLThere is also a ‘Triple top chart pattern’ chart formation is existing. The chart picture forms ‘Triple top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 2.0E-5 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 3.0E-5 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Southern Doji’ candle pattern is discovered. The candles show ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.0E-5 |
| 2nd High | 4.0E-5 |
| Next High | 3.0E-5 |
| Current Price | 0.000026880 |
| Next Low | 2.0E-5 |
| 2nd Low | |
| 3rd Low |
3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 — 25.274217590566 – 26.032984340081 — 4.9418905914575 – 3.6494189059146 – 7.6413765875963 – 6.2694261722496
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Southern Doji – Triple top chart pattern – –