The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 3.0E-5 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 4.0E-5 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Collapsing Doji Star’ candlestick chart pattern is discovered. The chart forms ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000038420 |
| Next Low | 3.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038950 – 0.000038710 —
54.672962056736 – 54.306736938152 —
– —
0.00004 – 1769029200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern – –