Sell LUNC/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 0.000059060 is likely expected.

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

Then a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000062500
2nd High 0.000061050
Next High 0.000060140
Current Price 0.000060360
Next Low 0.000059060
2nd Low 0.000058600
3rd Low 0.000058500

0.000060140 – 0.000059900 – 0.000059830 – 0.000059060 – 0.000058600 – 0.000058900 — 58.717616236109 – 56.53089475865

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