LUNC/USDT – 30M – SELLMoreover a ‘Triple bottom chart pattern’ chart pattern is existing. The chart picture forms ‘Triple bottom chart pattern’. which is a positive signal. The currency pair is likely to rise.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.000058910 is considered certain.
Caution: A possible change in the direction of resistance at 0.000062500 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Tweezers Top’ candle pattern is discovered. The candles show ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062500 |
| Current Price | 0.000060200 |
| Next Low | 0.000058910 |
| 2nd Low | 0.000058810 |
| 3rd Low | 0.000058780 |
0.000059930 – 0.000059820 – 0.000059800 – 0.000058910 – 0.000058810 – 0.000058780 — 59.399361916955 – 56.055219811568
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Tweezers Top – Triple bottom chart pattern – –