And also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.
The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.000058600 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000059830 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
And also a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000060060 |
| Next High | 0.000059830 |
| Current Price | 0.000059660 |
| Next Low | 0.000058600 |
| 2nd Low | 0.000058500 |
| 3rd Low | 0.000057760 |
0.000059830 – 0.000059720 – 0.000059400 – 0.000058600 – 0.000058900 – 0.000058500 — 60.56766524032 – 60.56766524032
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –