LUNC/USDT – 4H – SELL

Also there is a ‘Double top chart pattern’ chart formation is existing. The chart picture forms ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to fall.

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

A bearish trend down to the next support at 0.000057460 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.000063460 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 5.87582E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.000063460 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.000063460 – 0.000064170 – 0.000063400 – 0.000057460 – 0.000057300 – 0.000057000 — 49.593849509701 – 40.554822883677

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