Besides a ‘Triple bottom chart pattern’ chart formation is detected. The chart forms ‘Triple bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.
The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support line at 0.000062490 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000065320 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000065320 |
| Current Price | 0.000064250 |
| Next Low | 0.000062490 |
| 2nd Low | 0.000062370 |
| 3rd Low | 0.000060800 |
0.000063590 – 0.000063870 – 0.000063350 – 0.000062490 – 0.000062370 – 0.000060800
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Black Crows – Triple bottom chart pattern