LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.000058760 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000063590 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Matching Low’ candle chart pattern is found. The candles form ‘Matching Low’. which is a positive chart scenario. 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 | 0.000069150 |
| 2nd High | 0.000063740 |
| Next High | 0.000063590 |
| Current Price | 0.000061910 |
| Next Low | 0.000058760 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000063590 – 0.000063740 – 0.000069150 – 0.000058760 – 0.000060720 – 0.000067360 — 43.997961423351 – 43.486980209373
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Inverse Head and Shoulder chart pattern –