Sell LUNC/USDT – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish trend down to the next support at 9.0E-5 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.000099290 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Inside Down’ candlestick chart pattern is existing. The candles show ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.00012
Next High 0.000099290
Current Price 0.000089480
Next Low 9.0E-5
2nd Low 8.0E-5
3rd Low 7.0E-5

0.000099290 – 0.00012 – 0.00011 – 9.0E-5 – 8.0E-5 – 7.0E-5 —
0.000099290 – 0.000093830 —
49.454825225961 – 44.106483547001 —
0.000099290 – 1778148000 —
– 1778148000

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