LUNC/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A descending movement downwards to the next support level at 0.000059560 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.000063400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 5.956E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.000063400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

0.000063400 – 0.000063100 – 0.000063720 – 0.000060840 – 0.000059560 – 0.000061250 — 24.273729458375 – 21.454033960656

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