Sell LUNC/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000061390 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.000063420
2nd High 0.000062500
Next High 0.000061390
Current Price 0.000060230
Next Low
2nd Low
3rd Low

0.000061390 – 0.000061000 – 0.000061280 – 0.000059580 – 0.000059900 – 0.000059060 — 46.418802035267 – 42.481555581655

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