Also there is a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support level at 0.000059610 will continue.
Caution: A possible change in the direction of resistance at 0.000062070 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘RSI fall below 30’ indicator layout is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The currency pair is likely to fall.
Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069150 |
| 2nd High | 0.000065040 |
| Next High | 0.000062070 |
| Current Price | 0.000059830 |
| Next Low | 0.000059610 |
| 2nd Low | 0.000058760 |
| 3rd Low | 0.000055570 |
0.000062070 – 0.000065040 – 0.000064050 – 0.000059610 – 0.000063350 – 0.000062800 — 37.37055814395 – 34.92973562104
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern –