LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline down.

A continuation of the downward movement down to the next support level at 0.000056610 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000059680 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.

Besides a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000059680 – 0.000061500 – 0.000062070 – 0.000056610 – 0.000056760 – 0.000057260 — 55.79854950475 – 53.811501727982

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – Double bottom retreat down – –