Sell LUNC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A bearish movement downwards to the next support at 0.000059510 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000060460 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

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

Support & Resistance Price Range*
3rd High 0.000062690
2nd High 0.000062430
Next High 0.000060460
Current Price 0.000060180
Next Low 0.000059510
2nd Low 0.000059000
3rd Low 0.000058870

0.000060460 – 0.000060380 – 0.000062430 – 0.000059510 – 0.000059510 – 0.000059000 — 65.153780936578 – 57.85629858257

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