And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support at 0.000059510 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000060460 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
And also a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062690 |
| 2nd High | 0.000062430 |
| Next High | 0.000060460 |
| Current Price | 0.000060180 |
| Next Low | 0.000059510 |
| 2nd Low | 0.000059000 |
| 3rd Low | 0.000058870 |
0.000060460 – 0.000060380 – 0.000062430 – 0.000059510 – 0.000059510 – 0.000059000 — 65.153780936578 – 57.85629858257
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –