Sell LUNC/USDT – 4H – SELL

In addition a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A descending movement down to the next support at will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.000062690 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000064170
2nd High 0.000063460
Next High 0.000062690
Current Price 0.000059720
Next Low
2nd Low
3rd Low

0.000062690 – 0.000062580 – 0.000060060 – 0.000057760 – 0.000059580 – 0.000057760 — 47.783955586292 – 44.64260254482

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