Sell LUNC/USDT – 30M – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at 0.000062370 is likely expected.

Caution: A possible change in the direction of resistance at 0.000063590 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000065320
2nd High 0.000063870
Next High 0.000063590
Current Price 0.000063180
Next Low 0.000062370
2nd Low 0.000060800
3rd Low 0.000060700

0.000063590 – 0.000063870 – 0.000063350 – 0.000062370 – 0.000060800 – 0.000060700

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