And also a ‘Triple top chart pattern’ chart formation is discovered. The formation shows ‘Triple top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 2.0E-5 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 3.0E-5 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.0E-5 |
| 2nd High | 4.0E-5 |
| Next High | 3.0E-5 |
| Current Price | 0.000027040 |
| Next Low | 2.0E-5 |
| 2nd Low | |
| 3rd Low |
3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 — 28.883305383383 – 26.860721370335 — 7.4850036408633 – 7.7866539804898 – 14.33117355831 – 9.5550370650558
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple top chart pattern – –