LUNC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.000057260 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000059370 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Matching Low’ chart pattern is discovered. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000059370 – 0.000059310 – 0.000058990 – 0.000057260 – 0.000056800 – 0.000057480 — 49.602048988604 – 49.602048988604

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Double bottom chart pattern – –