Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support line at 9.0E-5 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.0001 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Southern Doji’ candle chart pattern is existing. The chart forms ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.00012 |
| Next High | 0.0001 |
| Current Price | 0.000090540 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.0001 – 0.00012 – 0.00012 – 9.0E-5 – 9.0E-5 – 8.0E-5 —
0.000096120 – 0.000092730 —
50.996191740225 – 41.141845551814 —
– —
0.0001 – 1778148000
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –