Besides a ‘Double top retreat up’ chart pattern is detected. The chart forms ‘Double top retreat up’. this is a bullish pattern signal. The pair is likely to go up.
The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support level at 0.000059610 is considered certain.
Caution: A possible change in the direction of resistance at 0.000062070 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘RSI cross above 30’ indicator signal is discovered. The indicator is ‘RSI cross above 30’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Concealing Baby Swallow’ candle pattern is discovered. The chart shows ‘Concealing Baby Swallow’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069150 |
| 2nd High | 0.000065040 |
| Next High | 0.000062070 |
| Current Price | 0.000060090 |
| Next Low | 0.000059610 |
| 2nd Low | 0.000058760 |
| 3rd Low | 0.000055570 |
0.000062070 – 0.000065040 – 0.000064050 – 0.000059610 – 0.000063350 – 0.000062800 — 32.873441479653 – 37.403892914793
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Concealing Baby Swallow – Double top retreat up –