LUNC/USDT – 4H – SELLBesides a ‘Double top chart pattern’ chart layout is detected. The formation shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A descent down to the next support at 0.000057000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000064170 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Besides a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000065040 |
| 2nd High | 0.000064450 |
| Next High | 0.000064170 |
| Current Price | 0.000059420 |
| Next Low | 0.000057000 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055050 |
0.000064170 – 0.000063400 – 0.000064450 – 0.000057000 – 0.000059560 – 0.000056610 — 52.634870836891 – 41.708029943283
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern – –