There is also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
The bearish trend downwards to the next support line at 0.000058280 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000059600 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000059970 |
| Next High | 0.000059600 |
| Current Price | 0.000058280 |
| Next Low | 0.000058280 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000059600 – 0.000059370 – 0.000059310 – 0.000058280 – 0.000057260 – 0.000056800 — 30.006459754388 – 26.852749814051
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Rising Wedge Chart Pattern – –