LUNC/USDT – 4H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.000057760 will continue.
Caution: A possible change in the direction of the resistance zone at 0.000062580 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063460 |
| Next High | 0.000062580 |
| Current Price | 0.000061790 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000056800 |
| 3rd Low | 0.000056400 |
0.000062580 – 0.000060060 – 0.000059970 – 0.000057760 – 0.000059580 – 0.000057760 — 63.394609156469 – 62.287182476568
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – – –