Sell LUNC/USDT – 30M – SELL

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

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

A bearish trend down to the next support at 0.000058600 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000059830 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000061050
2nd High 0.000060060
Next High 0.000059830
Current Price 0.000059660
Next Low 0.000058600
2nd Low 0.000058500
3rd Low 0.000057760

0.000059830 – 0.000059720 – 0.000059400 – 0.000058600 – 0.000058900 – 0.000058500 — 60.56766524032 – 60.56766524032

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