Sell LUNC/USDT – 1H – SELL

Also there is 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 pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline down.

A continuation of the downward movement down to the next support at 0.000058860 will persist.

Caution: A possible change in the direction of the resistance line at 0.000060440 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000064170
2nd High 0.000060470
Next High 0.000060440
Current Price 0.000059070
Next Low 0.000058860
2nd Low 0.000057500
3rd Low 0.000057300

0.000060440 – 0.000060470 – 0.000064170 – 0.000058860 – 0.000057500 – 0.000057300 — 44.824754224426 – 44.242565949885

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