Sell LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.

A continuation of the downward movement down to the next support level at 0.000057460 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000063460 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000064450
2nd High 0.000064170
Next High 0.000063460
Current Price 0.000062180
Next Low 0.000057460
2nd Low 0.000057300
3rd Low 0.000057000

0.000063460 – 0.000059840 – 0.000060440 – 0.000057460 – 0.000058860 – 0.000057500 — 61.780415723636 – 53.640076157065

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