Sell LUNC/USDT – 4H – SELL

In addition a ‘Double top chart pattern’ chart layout is detected. The chart shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards

A continuation of the downward movement down to the next support at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000065040 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.000072990
2nd High 0.000072460
Next High 0.000065040
Current Price 0.000059770
Next Low
2nd Low
3rd Low

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 47.982070414736 – 41.238507192217

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