Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.000073530 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 9.0E-5 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Three Outside Down’ candle chart pattern is found. The candles form ‘Three Outside Down’. this 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00012 |
| 2nd High | 0.0001 |
| Next High | 9.0E-5 |
| Current Price | 0.000075770 |
| Next Low | 0.000073530 |
| 2nd Low | 7.0E-5 |
| 3rd Low | 5.0E-5 |
9.0E-5 – 0.0001 – 0.00012 – 0.000073530 – 7.0E-5 – 7.0E-5 —
0.000075750 – 0.000078580 —
35.854965782398 – 47.750629140706 —
0.000073530 – 1779235200 —
9.0E-5 – 1778961600
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –