LUNC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000058950 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.000058950 – 0.000059590 – 0.000061050 – 0.000057270 – 0.000059640 – 0.000059930 — 51.964385232961 – 49.689959679192

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