LUNC/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards

A descending movement down to the next support line at 0.000060630 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000065040 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000061850 – 0.000059380 – 0.000059680 – 0.000060630 – 0.000058390 – 0.000056610 — 51.371326446921 – 43.857990625536

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