Sell LUNC/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A bearish trend down to the next support line at 0.000058870 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000062690 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000063460
2nd High 0.000063420
Next High 0.000062690
Current Price 0.000059850
Next Low 0.000058870
2nd Low 0.000057760
3rd Low 0.000057260

0.000062690 – 0.000061830 – 0.000060980 – 0.000058870 – 0.000057760 – 0.000059760 — 33.533475404766 – 32.647718352462

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