LUNC/USDT – 1H – SELL

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

A bearish descent down to the next support line at 0.000060630 is considered certain.

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

Moreover a ‘RSI cross above 70’ indicator signal is existing. The indicator is ‘RSI cross above 70’. which could be a negative signal. The pair is likely to go down.

Moreover a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. which could be a negative signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.000061850 – 0.000059380 – 0.000059680 – 0.000060630 – 0.000058390 – 0.000056610 — 54.014003968008 – 52.083963889138

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Double bottom chart pattern – –