LUNC/USDT – 4H – SELLBesides a ‘Double bottom retreat down’ chart pattern is found. The chart forms ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A descent downwards to the next support level at 0.000057760 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000062580 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063460 |
| Next High | 0.000062580 |
| Current Price | 0.000059770 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000056800 |
| 3rd Low | 0.000056400 |
0.000062580 – 0.000060060 – 0.000059970 – 0.000057760 – 0.000059580 – 0.000057760 — 47.702002170864 – 43.260665912015
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Double bottom retreat down – –