Additionally a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support at 0.000058810 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000059820 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Additionally a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000059820 |
| Current Price | 0.000059040 |
| Next Low | 0.000058810 |
| 2nd Low | 0.000058780 |
| 3rd Low | 0.000056400 |
0.000059820 – 0.000059800 – 0.000058950 – 0.000058810 – 0.000058780 – 0.000056400 — 46.362570869722 – 42.24298792805
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –