Sell LUNC/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A bearish trend down to the next support line at 0.000061240 will continue.

Caution: A possible change in the direction of the resistance zone at 0.000062580 could happen.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which 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’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000063460
2nd High 0.000063420
Next High 0.000062580
Current Price 0.000061560
Next Low 0.000061240
2nd Low 0.000059930
3rd Low 0.000059580

0.000062580 – 0.000061970 – 0.000061390 – 0.000061240 – 0.000059930 – 0.000059580 — 49.677164402361 – 45.723716912204

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