LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 0.000061500 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.000062360 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candle chart pattern is found. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000062360 – 0.000063000 – 0.000064170 – 0.000061500 – 0.000057000 – 0.000057170 — 41.938362324306 – 39.626448306812

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