Sell LUNC/USDT – 4H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support level at 0.000058760 will persist.

Caution: A possible change in the direction of the resistance level at 0.000065040 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The 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 0.000072990
2nd High 0.000072460
Next High 0.000065040
Current Price 0.000058370
Next Low 0.000058760
2nd Low 0.000055050
3rd Low 0.000054120

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 40.538072327417 – 34.093000863787

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