LUNC/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.

A descent down to the next support line at 0.000062820 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000064050 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000064050 – 0.000063870 – 0.000063650 – 0.000062820 – 0.000062660 – 0.000060780 — 49.170048305899 – 46.945258588567

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –