LUNC/USDT – 30M – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.

A bearish trend down to the next support line at 0.000059060 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000060140 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Matching Low’ candle pattern is discovered. The candles show ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000060140 – 0.000059900 – 0.000059830 – 0.000059060 – 0.000058600 – 0.000058900 — 57.183710812029 – 56.811732426845

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