Sell LUNC/USDT – 30M – SELL

Also there is a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support level at 0.000059610 will continue.

Caution: A possible change in the direction of resistance at 0.000062070 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘RSI fall below 30’ indicator layout is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000069150
2nd High 0.000065040
Next High 0.000062070
Current Price 0.000059830
Next Low 0.000059610
2nd Low 0.000058760
3rd Low 0.000055570

0.000062070 – 0.000065040 – 0.000064050 – 0.000059610 – 0.000063350 – 0.000062800 — 37.37055814395 – 34.92973562104

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