The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.000062820 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.000063870 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Then a ‘Matching Low’ candle pattern is detected. The chart shows ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069280 |
| 2nd High | 0.000069150 |
| Next High | 0.000063870 |
| Current Price | 0.000063370 |
| Next Low | 0.000062820 |
| 2nd Low | 0.000062660 |
| 3rd Low | 0.000060780 |
0.000063870 – 0.000063650 – 0.000063850 – 0.000062820 – 0.000062660 – 0.000060780 — 49.333748282382 – 48.643331940274
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –