LUNC/USDT – 4H – SELL

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

A bearish movement down to the next support line at 5.0E-5 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 7.0E-5 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Bearish Engulfing’ candle chart pattern is found. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

7.0E-5 – 6.0E-5 – 5.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 —
0.000071100 – 0.000076270 —
64.401754007448 – 68.976812599183 —
– —
7.0E-5 – 1777334400

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing – – –