Sell LUNC/USDT – 30M – SELL

Next a ‘Triple bottom chart pattern’ chart layout is found. The formation shows ‘Triple bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.

A bearish movement down to the next support at will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000064050 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 6.231E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000064050 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 0.000063100
Next Low
2nd Low
3rd Low

0.000064050 – 0.000063870 – 0.000063650 – 0.000062820 – 0.000062660 – 0.000060780 — 44.205028226171 – 42.39248730219

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