Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A bearish trend down to the next support line at is expected.
Caution: A possible change in the direction of the resistance line at 0.000060070 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.
Then a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000060470 |
| 2nd High | 0.000060440 |
| Next High | 0.000060070 |
| Current Price | 0.000059070 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000060070 – 0.000060440 – 0.000059140 – 0.000058860 – 0.000057500 – 0.000057400 — 47.746419770541 – 43.229828053078
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –