LUNC/USDT – 30M – SELL

Then a ‘Triple bottom chart pattern’ chart pattern is existing. The chart forms ‘Triple bottom chart pattern’. which is a positive signal. The currency pair is likely to rise.

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

A bearish movement downwards to the next support line at 0.000059560 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.000063720 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 6.164E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000063720 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. 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).

0.000061590 – 0.000062270 – 0.000063720 – 0.000059560 – 0.000060020 – 0.000060210 — 69.205263735428 – 68.106135708638

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –