LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline up.
An ascending movement up to the next resistance at 0.000062850 will persist.
Caution: A possible change in the direction of the support line at 0.000060120 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish Breakaway’ candle chart pattern is discovered. The candles form ‘Bearish Breakaway’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Breakaway’ heading down is 63% (Bull Market) & 89% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000063920 |
| Next High | 0.000062850 |
| Current Price | 0.000060580 |
| Next Low | 0.000060120 |
| 2nd Low | 0.000059920 |
| 3rd Low | 0.000058100 |
0.000062850 – 0.000062530 – 0.000062670 – 0.000060120 – 0.000061370 – 0.000061710
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Bearish Breakaway