LUNC/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.000057000 is certain.

Caution: A possible change in the direction of the resistance line at 0.000063720 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a negative signal. The currency 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).

0.000059200 – 0.000063400 – 0.000063100 – 0.000057000 – 0.000057030 – 0.000060840 — 69.252212446924 – 66.129074686156

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Double top chart pattern – –