LUNC/USDT – 1H – SELLFurthermore a ‘Double top chart pattern’ chart pattern is found. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.
The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support at 0.000057260 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000061500 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000065040 |
| 2nd High | 0.000062070 |
| Next High | 0.000061500 |
| Current Price | 0.000059960 |
| Next Low | 0.000057260 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000061500 – 0.000062070 – 0.000065040 – 0.000057260 – 0.000059020 – 0.000059610 — 46.984470699693 – 44.02266136461
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern –