LUNC/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish trend downwards to the next support level at 0.000062800 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000064050 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000064050 – 0.000063870 – 0.000063650 – 0.000062800 – 0.000062820 – 0.000062660 — 58.25387387958 – 57.516437290395

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