Sell LUNC/USDT – 4H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A bearish trend down to the next support at 0.000058760 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000065040 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Southern Doji’ candle pattern is detected. The chart forms ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000072990
2nd High 0.000072460
Next High 0.000065040
Current Price 0.000059990
Next Low 0.000058760
2nd Low 0.000055050
3rd Low 0.000054120

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 35.124696910239 – 34.711962042947

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