Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support at 0.000059560 will continue.
Caution: A possible change in the direction of the resistance level at 0.000063400 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 5.956E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.000063400 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064450 |
| 2nd High | 0.000063720 |
| Next High | 0.000063400 |
| Current Price | 0.000057740 |
| Next Low | 0.000059560 |
| 2nd Low | 0.000058390 |
| 3rd Low | 0.000056610 |
0.000063400 – 0.000063100 – 0.000063720 – 0.000060840 – 0.000059560 – 0.000061250 — 24.273729458375 – 21.454033960656
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Rising Wedge Chart Pattern – –