LUNC/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 0.000058780 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.000059800 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Dark Cloud Cover’ candlestick pattern is discovered. The chart shows ‘Dark Cloud Cover’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Dark Cloud Cover’ going down is 60% (Bull Market) & 63% (Bear Market).

0.000059800 – 0.000058950 – 0.000058690 – 0.000058780 – 0.000056400 – 0.000058080 — 49.500112419056 – 49.761894330299

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Dark Cloud Cover – Symmetrical Triangle Chart Pattern – –