Besides a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A descent down to the next support at 0.000060120 is certain.
Caution: A possible change in the direction of the resistance level at 0.000062850 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000063920 |
| Next High | 0.000062850 |
| Current Price | 0.000060150 |
| 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 – Three Black Crows