LUNC/USDT – 30M – SELLBesides a ‘Triple bottom chart pattern’ chart formation is detected. The chart forms ‘Triple bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support line at 0.000062490 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000065320 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000065320 |
| Current Price | 0.000064290 |
| Next Low | 0.000062490 |
| 2nd Low | 0.000062370 |
| 3rd Low | 0.000060800 |
0.000063590 – 0.000063870 – 0.000063350 – 0.000062490 – 0.000062370 – 0.000060800
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Black Crows – Triple bottom chart pattern