LUNC/USDT – 30M – SELL

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

A bearish descent down to the next support line at 0.000062390 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000065320 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Three Outside Down’ candlestick pattern is found. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000065320 – 0.000064200 – 0.000062990 – 0.000062390 – 0.000061840 – 0.000060770

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Outside Down – Double bottom chart pattern