LUNC/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A bearish descent down to the next support level at 0.000061240 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000062580 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Moreover a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000062580 – 0.000061970 – 0.000061390 – 0.000061240 – 0.000059930 – 0.000059580 — 49.677164402361 – 45.723716912204

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