LUNC/USDT – 4H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards

A descending movement downwards to the next support level at 0.000056610 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000064450 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair could go up.

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

0.000064450 – 0.000061500 – 0.000065040 – 0.000056610 – 0.000058760 – 0.000060700 — 51.563999495088 – 50.110557676762

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