Sell LUNC/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards

A descending movement downwards to the next support at 0.000062820 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.000064050 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000069280
2nd High 0.000069150
Next High 0.000064050
Current Price 0.000063300
Next Low 0.000062820
2nd Low 0.000062660
3rd Low 0.000060780

0.000064050 – 0.000063870 – 0.000063650 – 0.000062820 – 0.000062660 – 0.000060780 — 49.170048305899 – 46.945258588567

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