LUNC/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A bearish descent downwards to the next support line at 0.000058280 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.000059370 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 5.8385E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.000059370 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000059370 – 0.000059310 – 0.000058990 – 0.000058280 – 0.000057260 – 0.000056800 — 54.144205269199 – 51.561793509132

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –