There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A descent down to the next support line at 0.000060620 will persist.
Caution: A possible change in the direction of the resistance line at 0.000062430 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
There is also a ‘Shooting Star’ candle chart pattern is discovered. The candles form ‘Shooting Star’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062690 |
| Next High | 0.000062430 |
| Current Price | 0.000060740 |
| Next Low | 0.000060620 |
| 2nd Low | 0.000058870 |
| 3rd Low | 0.000058290 |
0.000062430 – 0.000062690 – 0.000061830 – 0.000060620 – 0.000061340 – 0.000060740 — 39.002634845293 – 38.859400477819
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Shooting Star – Symmetrical Triangle Chart Pattern – –