LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 0.000058600 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000059720 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

There is also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000059720 – 0.000060060 – 0.000059600 – 0.000058600 – 0.000057760 – 0.000058280 — 61.756582446898 – 53.234950088882

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern – –