LUNC/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish descent downwards to the next support at is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000061280 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

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

Correction of the major bullish trend broke through 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 change in the direction of the support level at 0.000061280 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

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 – –