Additionally a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support level at is likely expected.
Caution: A possible change in the direction of the resistance line at 0.000061050 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
Additionally a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000061050 |
| Current Price | 0.000059780 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000061050 – 0.000060950 – 0.000060800 – 0.000059640 – 0.000059930 – 0.000058910 — 43.993326468488 – 37.9887474689
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –