Sell LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 0.000058240 is expected.

Caution: A possible change in the direction of the resistance level at 0.000060540 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 0.000062580
2nd High 0.000061860
Next High 0.000060540
Current Price 0.000058110
Next Low 0.000058240
2nd Low 0.000055560
3rd Low 0.000055450

0.000060540 – 0.000061860 – 0.000061770 – 0.000058770 – 0.000060660 – 0.000058960

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