There is also a ‘Triple bottom chart pattern’ chart layout is discovered. The formation shows ‘Triple bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to go up.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.000059930 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000062060 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 5.993E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000062060 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062580 |
| Next High | 0.000062060 |
| Current Price | 0.000060320 |
| Next Low | 0.000059930 |
| 2nd Low | 0.000059580 |
| 3rd Low | 0.000059060 |
0.000062060 – 0.000062580 – 0.000061970 – 0.000060600 – 0.000060610 – 0.000061240 — 35.044184344025 – 32.827369531393
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –