Sell LUNC/USDT – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A descent downwards to the next support level at 0.000059000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000060450 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. 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 0.000062690
2nd High 0.000060460
Next High 0.000060450
Current Price 0.000059380
Next Low 0.000059000
2nd Low 0.000058870
3rd Low 0.000057760

0.000060450 – 0.000060460 – 0.000062690 – 0.000059000 – 0.000058870 – 0.000057760 — 42.565209162502 – 38.624257498332

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