Sell LUNC/USDT – 1H – SELL

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

The bearish trend down to the next support at 0.000057760 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.000060980 could happen.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000063420
2nd High 0.000062580
Next High 0.000060980
Current Price 0.000059330
Next Low 0.000057760
2nd Low 0.000057260
3rd Low 0.000056800

0.000060980 – 0.000062580 – 0.000061390 – 0.000057760 – 0.000059760 – 0.000060610 — 44.581297226759 – 42.093939239933

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