LUNC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A bearish trend downwards to the next support line at 0.000055570 will persist.

Caution: A possible change in the direction of the resistance line at 0.000065680 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart 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 will persist. Target of the current trend is 6.0365E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.000065680 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.000065680 – 0.000056370 – 0.000057180 – 0.000063190 – 0.000063110 – 0.000055570

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern