LUNC/USDT – 4H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A bearish movement downwards to the next support line at 0.000058760 is expected.

Caution: A possible change in the direction of the resistance line at 0.000065040 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘RSI fall below 30’ indicator layout is discovered. The indicator is ‘RSI fall below 30’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 40.538072327417 – 34.093000863787

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –