The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.000059700 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000060690 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Additionally a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062060 |
| 2nd High | 0.000061500 |
| Next High | 0.000060690 |
| Current Price | 0.000060400 |
| Next Low | 0.000059700 |
| 2nd Low | 0.000059580 |
| 3rd Low | 0.000059060 |
0.000060690 – 0.000061500 – 0.000062060 – 0.000059700 – 0.000059760 – 0.000060600 — 53.917091657694 – 49.763147323181
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –