Sell LUNC/USDT – 30M – SELL

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

A descent down to the next support level at 0.000059060 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000060140 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000062500
2nd High 0.000061050
Next High 0.000060140
Current Price 0.000060370
Next Low 0.000059060
2nd Low 0.000058600
3rd Low 0.000058500

0.000060140 – 0.000059900 – 0.000059830 – 0.000059060 – 0.000058600 – 0.000058900 — 58.717616236109 – 56.88396708607

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