Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support at 0.000058280 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000059600 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000059970 |
| Next High | 0.000059600 |
| Current Price | 0.000058280 |
| Next Low | 0.000058280 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000059600 – 0.000059370 – 0.000059310 – 0.000058280 – 0.000057260 – 0.000056800 — 30.006459754388 – 26.852749814051
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Rising Wedge Chart Pattern – –