Sell LUNC/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support level at 3.0E-5 is certain.

Caution: A possible change in the direction of the resistance line at 4.0E-5 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Matching Low’ candlestick chart pattern is existing. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 5.0E-5
Next High 4.0E-5
Current Price 0.000037210
Next Low 3.0E-5
2nd Low 2.0E-5
3rd Low

4.0E-5 – 4.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038020 – 0.000038280 —
42.81447308307 – 49.341709276092 —
– —
0.00004 – 1769256000

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