Sell LUNC/USDT – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A descent downwards to the next support line at 0.000059560 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.000063720 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘RSI fall below 70’ indicator layout is found. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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 0.000065040
2nd High 0.000064450
Next High 0.000063720
Current Price 0.000061150
Next Low 0.000059560
2nd Low 0.000058390
3rd Low 0.000056610

0.000063720 – 0.000064450 – 0.000061850 – 0.000059560 – 0.000061250 – 0.000060630 — 55.312052168112 – 42.995145444249

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