LUNC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A descending movement downwards to the next support at 0.000062800 will persist.

Caution: A possible change in the direction of resistance at 0.000064050 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Matching Low’ candlestick pattern is detected. The chart forms ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000064050 – 0.000063870 – 0.000063650 – 0.000062800 – 0.000062820 – 0.000062660 — 58.25387387958 – 57.516437290395

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –