Sell LUNC/USDT – 4H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support level at 0.000059000 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000062690 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Moreover a ‘Matching Low’ chart pattern is discovered. The chart shows ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000064170
2nd High 0.000063460
Next High 0.000062690
Current Price 0.000055970
Next Low 0.000059000
2nd Low 0.000057760
3rd Low 0.000056800

0.000062690 – 0.000062580 – 0.000060060 – 0.000059000 – 0.000057760 – 0.000059580 — 23.842348406368 – 22.785538553605

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