LUNC/USDT – 1H – SELL

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

A bearish descent down to the next support level at 0.000060570 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000063850 could be enabled.
Consider stop-loss settings accordingly.

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

And also a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Two Crows’ candle chart pattern is discovered. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000063850 – 0.000063590 – 0.000069280 – 0.000060570 – 0.000058760 – 0.000066850 — 52.521394812581 – 47.958148687673

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern –