Furthermore a ‘Triple bottom chart pattern’ chart layout is existing. The chart picture shows ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.
The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
The bearish trend down to the next support level at 0.000059930 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000062060 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 5.993E-5 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.000062060 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062580 |
| Next High | 0.000062060 |
| Current Price | 0.000060320 |
| Next Low | 0.000059930 |
| 2nd Low | 0.000059580 |
| 3rd Low | 0.000059060 |
0.000062060 – 0.000062580 – 0.000061970 – 0.000060600 – 0.000060610 – 0.000061240 — 35.044184344025 – 32.827369531393
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –