Sell LUNC/USDT – 4H – SELL

Next a ‘Double bottom retreat down’ chart pattern is existing. The formation 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) moves from the bullish trendline downwards

A descent downwards to the next support level at 0.000057760 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000062580 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Support & Resistance Price Range*
3rd High 0.000064170
2nd High 0.000063460
Next High 0.000062580
Current Price 0.000059770
Next Low 0.000057760
2nd Low 0.000056800
3rd Low 0.000056400

0.000062580 – 0.000060060 – 0.000059970 – 0.000057760 – 0.000059580 – 0.000057760 — 47.702002170864 – 43.260665912015

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