LUNC/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards

A bearish movement down to the next support level at 0.000063350 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000065040 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 6.316932E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 0.000065040 should be noted.
Consider stop-loss settings accordingly.

0.000065040 – 0.000064050 – 0.000063870 – 0.000063350 – 0.000062800 – 0.000062820 — 42.722664713342 – 32.977512599542

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