LUNC/USDT – 4H – SELL

There is also a ‘Double top chart pattern’ chart pattern is found. The chart shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A bearish descent down to the next support line at 0.000057000 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000064170 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Tweezers Top’ candle chart pattern is found. The candles show ‘Tweezers Top’. 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 probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.000064170 – 0.000063400 – 0.000064450 – 0.000057000 – 0.000059560 – 0.000056610 — 50.337540899236 – 43.742574906571

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Tweezers Top – Double top chart pattern – –