Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline down.
A bearish trend down to the next support line at 0.000058870 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000062690 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062690 |
| Current Price | 0.000059850 |
| Next Low | 0.000058870 |
| 2nd Low | 0.000057760 |
| 3rd Low | 0.000057260 |
0.000062690 – 0.000061830 – 0.000060980 – 0.000058870 – 0.000057760 – 0.000059760 — 33.533475404766 – 32.647718352462
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –