LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support level at 0.000060570 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000065040 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI fall below 30’ indicator layout is existing. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair is likely to fall.

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

There is also a ‘Matching Low’ candle pattern is detected. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000065040 – 0.000064050 – 0.000063850 – 0.000062800 – 0.000062660 – 0.000060570 — 29.280468684126 – 28.927706510963

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –