LUNC/USDT – 30M – SELL

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

A bearish descent downwards to the next support line at is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000059380 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

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

Also there is a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 5.8145E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.000059380 is also possible.
Consider stop-loss settings accordingly.

0.000059380 – 0.000058220 – 0.000057890 – 0.000057350 – 0.000056610 – 0.000056900 — 53.243699177165 – 50.238399817759

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