Next a ‘Triple bottom chart pattern’ chart layout is found. The formation shows ‘Triple bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.
The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support at will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.000064050 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 6.231E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000064050 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. 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 | 0.000069280 |
| 2nd High | 0.000069150 |
| Next High | 0.000064050 |
| Current Price | 0.000063100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000064050 – 0.000063870 – 0.000063650 – 0.000062820 – 0.000062660 – 0.000060780 — 44.205028226171 – 42.39248730219
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Triple bottom chart pattern –