Sell LUNC/USDT – 4H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A continuation of the bearish trend down to the next support line at 0.000058760 is likely expected.

Caution: A possible change in the direction of resistance at 0.000065040 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI cross above 30’ indicator layout is detected. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The pair is likely to go up.

Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. 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 0.000072990
2nd High 0.000072460
Next High 0.000065040
Current Price 0.000059270
Next Low 0.000058760
2nd Low 0.000055050
3rd Low 0.000054120

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 42.507207005009 – 37.853334133014

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