LUNC/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle 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 bullish trendline downwards

A descent down to the next support line at 0.000062470 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.000069280 could happen.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

And also a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 6.321664E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000069280 could happen.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. 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).

0.000069280 – 0.000072460 – 0.000065400 – 0.000066850 – 0.000062470 – 0.000060800

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern –