LUNC/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.000057460 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000063460 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.000063460 – 0.000064170 – 0.000063400 – 0.000057460 – 0.000057300 – 0.000057000 — 48.37238577939 – 46.44733320994

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