LUNC/USDT – 1H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.000060570 is certain.
Caution: A possible change in the direction of the resistance line at 0.000063850 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072460 |
| 2nd High | 0.000069280 |
| Next High | 0.000063850 |
| Current Price | 0.000063040 |
| Next Low | 0.000060570 |
| 2nd Low | 0.000058760 |
| 3rd Low | 0.000055570 |
0.000063850 – 0.000063590 – 0.000069280 – 0.000060570 – 0.000058760 – 0.000066850 — 53.370661933727 – 52.903405944732
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Double bottom retreat down –