Sell LUNC/USDT – 30M – SELL

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

A bearish descent down to the next support level at 0.000059060 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000060140 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Southern Doji’ candle chart pattern is detected. The candles show ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000062500
2nd High 0.000061050
Next High 0.000060140
Current Price 0.000060320
Next Low 0.000059060
2nd Low 0.000058600
3rd Low 0.000058500

0.000060140 – 0.000059900 – 0.000059830 – 0.000059060 – 0.000058600 – 0.000058900 — 54.710246184691 – 53.258986678208

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