Sell LUNC/USDT – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards

A bearish descent downwards to the next support level at 0.000059500 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000061290 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

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

Moreover a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 0.000062070
2nd High 0.000061500
Next High 0.000061290
Current Price 0.000059960
Next Low 0.000059500
2nd Low 0.000057260
3rd Low 0.000055570

0.000061290 – 0.000061500 – 0.000060350 – 0.000059500 – 0.000057260 – 0.000058510 — 44.324252594498 – 40.140432093955

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