Sell LUNC/USDT – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.

The bearish trend downwards to the next support at 0.000059560 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.000063720 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000065040
2nd High 0.000064450
Next High 0.000063720
Current Price 0.000061150
Next Low 0.000059560
2nd Low 0.000058390
3rd Low 0.000056610

0.000063720 – 0.000064450 – 0.000061850 – 0.000059560 – 0.000061250 – 0.000060630 — 55.312052168112 – 42.995145444249

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