LUNC/USDT – 30M – SELL

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

A descending movement downwards to the next support at 0.000061840 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000063720 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

0.000063720 – 0.000063000 – 0.000064450 – 0.000061840 – 0.000061650 – 0.000061250 — 37.8088911577 – 35.856358265752

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Double top chart pattern – –