LUNC/USDT – 1H – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support line at is expected.
Caution: A possible change in the direction of the resistance line at 0.000057270 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
Furthermore a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061860 |
| 2nd High | 0.000058450 |
| Next High | 0.000057270 |
| Current Price | 0.000055750 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000057270 – 0.000056370 – 0.000058450 – 0.000055060 – 0.000054880 – 0.000051880
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Matching Low