LUNC/USDT – 4H – SELL

Next a ‘Double bottom retreat down’ chart layout is discovered. The chart forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.

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

A bearish descent down to the next support at 0.000057760 is certain.

Caution: A possible change in the direction of the resistance line at 0.000062580 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black 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 ‘Three Black Crows’ heading down is 82%.

0.000062580 – 0.000060060 – 0.000059970 – 0.000057760 – 0.000059580 – 0.000057760 — 45.245639031756 – 43.537250879972

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Double bottom retreat down – –