Sell LUNC/USDT – 30M – SELL

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

A bearish movement downwards to the next support level at 0.000055570 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000069150 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 6.072E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000069150 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.000072460
2nd High 0.000069280
Next High 0.000069150
Current Price 0.000059170
Next Low 0.000055570
2nd Low 0.000055050
3rd Low 0.000054880

0.000069150 – 0.000069280 – 0.000068950 – 0.000060720 – 0.000067360 – 0.000066850

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