LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline up.
A bullish trend upwards to the next resistance level at 0.000059260 is expected.
Caution: A possible change in the direction of the support line at 0.000057000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Harami Cross’ chart pattern is detected. The candles show ‘Bearish Harami Cross’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000059260 |
| Current Price | 0.000057180 |
| Next Low | 0.000057000 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055570 |
0.000059260 – 0.000062500 – 0.000063420 – 0.000058080 – 0.000059810 – 0.000061780 — 32.253273097249 – 32.497684362534
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Harami Cross – Rising Wedge Chart Pattern – –