Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.000061240 will continue.
Caution: A possible change in the direction of the resistance zone at 0.000062580 could happen.
Consider stop-loss settings accordingly.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
Next a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062580 |
| Current Price | 0.000061560 |
| Next Low | 0.000061240 |
| 2nd Low | 0.000059930 |
| 3rd Low | 0.000059580 |
0.000062580 – 0.000061970 – 0.000061390 – 0.000061240 – 0.000059930 – 0.000059580 — 49.677164402361 – 45.723716912204
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –