The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.000062820 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000063870 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069280 |
| 2nd High | 0.000069150 |
| Next High | 0.000063870 |
| Current Price | 0.000063350 |
| Next Low | 0.000062820 |
| 2nd Low | 0.000062660 |
| 3rd Low | 0.000060780 |
0.000063870 – 0.000063650 – 0.000063850 – 0.000062820 – 0.000062660 – 0.000060780 — 48.718476956432 – 48.234227470231
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –