LUNC/USDT – 4H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.000049730 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000057270 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061860 |
| 2nd High | 0.000058450 |
| Next High | 0.000057270 |
| Current Price | 0.000055100 |
| Next Low | 0.000049730 |
| 2nd Low | |
| 3rd Low |
0.000057270 – 0.000058450 – 0.000061860 – 0.000049730 – 0.000056160 – 0.000055450