Sell LUNC/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A bearish descent downwards to the next support level at is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000061050 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000063420
2nd High 0.000062500
Next High 0.000061050
Current Price 0.000059780
Next Low
2nd Low
3rd Low

0.000061050 – 0.000060950 – 0.000060800 – 0.000059640 – 0.000059930 – 0.000058910 — 43.993326468488 – 37.9887474689

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