LUNC/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.000060780 will persist.

Caution: A possible change in the direction of resistance at 0.000063650 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000063650 – 0.000063850 – 0.000062780 – 0.000060780 – 0.000060570 – 0.000058760 — 52.254315797903 – 48.9940826989

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double bottom retreat down –