LUNC/USDT – 30M – SELL

Next a ‘Double top chart pattern’ chart pattern is discovered. The chart forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.

A descending movement down to the next support line at 0.000069210 will persist.

Caution: A possible change in the direction of resistance at 0.000072460 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000072460 – 0.000071230 – 0.000067690 – 0.000069210 – 0.000065630 – 0.000062470

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern