LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 0.000060020 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000062270 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Collapsing Doji Star’ candlestick chart pattern is detected. The chart shows ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

0.000062270 – 0.000063720 – 0.000063000 – 0.000060020 – 0.000060210 – 0.000061840 — 51.349454010598 – 43.366791286551

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Collapsing Doji Star – Double bottom retreat down – –