Sell LUNC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

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

The bearish trend downwards to the next support line at 0.000058600 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000059830 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

And also a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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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