LUNC/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards

A bearish trend down to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000061280 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 5.952E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000061280 could happen.
In the case of a trade, always set appropriate stop-loss settings.

0.000061280 – 0.000059900 – 0.000059720 – 0.000059900 – 0.000059060 – 0.000058600 — 43.710190347588 – 41.319028579903

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Rising Wedge Chart Pattern – –