Sell LUNC/USDT – 30M – SELL

Besides a ‘Double top retreat up’ chart pattern is detected. The chart forms ‘Double top retreat up’. this is a bullish pattern signal. The pair is likely to go up.

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

A bearish movement downwards to the next support level at 0.000059610 is considered certain.

Caution: A possible change in the direction of resistance at 0.000062070 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘RSI cross above 30’ indicator signal is discovered. The indicator is ‘RSI cross above 30’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘Concealing Baby Swallow’ candle pattern is discovered. The chart shows ‘Concealing Baby Swallow’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).

Support & Resistance Price Range*
3rd High 0.000069150
2nd High 0.000065040
Next High 0.000062070
Current Price 0.000060090
Next Low 0.000059610
2nd Low 0.000058760
3rd Low 0.000055570

0.000062070 – 0.000065040 – 0.000064050 – 0.000059610 – 0.000063350 – 0.000062800 — 32.873441479653 – 37.403892914793

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