Sell LUNC/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish descent downwards to the next support at 0.000059560 will continue.

Caution: A possible change in the direction of the resistance level at 0.000063400 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 5.956E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.000063400 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.000064450
2nd High 0.000063720
Next High 0.000063400
Current Price 0.000057740
Next Low 0.000059560
2nd Low 0.000058390
3rd Low 0.000056610

0.000063400 – 0.000063100 – 0.000063720 – 0.000060840 – 0.000059560 – 0.000061250 — 24.273729458375 – 21.454033960656

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