LUNC/USDT – 1H – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards

A descent down to the next support line at 0.000057760 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000062580 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 5.889752E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.000062580 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000062580 – 0.000061390 – 0.000061000 – 0.000057760 – 0.000059760 – 0.000060610 — 64.688387675211 – 64.196817921686

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