The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.000057000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000062360 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Matching Low’ candle chart pattern is existing. The chart shows ‘Matching Low’. which is a bullish signal. 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 | 0.000064170 |
| 2nd High | 0.000063000 |
| Next High | 0.000062360 |
| Current Price | 0.000060010 |
| Next Low | 0.000057000 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055570 |
0.000062360 – 0.000062360 – 0.000063000 – 0.000060870 – 0.000061500 – 0.000057000 — 23.389947572095 – 23.021347833673
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –