Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.
A descent downwards to the next support level at 0.000059000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000060450 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062690 |
| 2nd High | 0.000060460 |
| Next High | 0.000060450 |
| Current Price | 0.000059380 |
| Next Low | 0.000059000 |
| 2nd Low | 0.000058870 |
| 3rd Low | 0.000057760 |
0.000060450 – 0.000060460 – 0.000062690 – 0.000059000 – 0.000058870 – 0.000057760 — 42.565209162502 – 38.624257498332
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –