Sell LUNC/USDT – 4H – SELL

There is also a ‘Double bottom retreat down’ chart formation is found. The chart picture shows ‘Double bottom retreat down’. this is a bearish chart scenario. The pair is likely to go down.

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

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

Caution: A possible trend reversal in the direction of the resistance line at 0.000063460 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000064450
2nd High 0.000064170
Next High 0.000063460
Current Price 0.000059360
Next Low
2nd Low
3rd Low

0.000063460 – 0.000064170 – 0.000063400 – 0.000056400 – 0.000057460 – 0.000057300 — 56.584694170807 – 47.141666814044

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