LUNC/USDT – 4H – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support line at 3.0E-5 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 4.0E-5 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

4.0E-5 – 4.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038170 – 0.000038000 —
48.86489671994 – 40.389829288323 —
– —
0.00004 – 1769256000

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –