LUNC/USDT – 4H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards

A bearish trend down to the next support line at 0.000057000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000063460 is within the realm of possibility.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 5.7E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.000063460 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000063460 – 0.000064170 – 0.000063400 – 0.000057460 – 0.000057300 – 0.000057000 — 34.57184702052 – 32.660303078644

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –