LUNC/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards

A bearish descent down to the next support at 0.000061250 will persist.

Caution: A possible change in the direction of the resistance level at 0.000064450 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI fall below 70’ indicator layout is found. The indicator is ‘RSI fall below 70’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ candle chart pattern is discovered. The candles form ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000064450 – 0.000061850 – 0.000059380 – 0.000061250 – 0.000060630 – 0.000058390 — 43.150382936651 – 41.353163660022

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –