LUNC/USDT – 30M – SELL

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

A bearish descent down to the next support at 0.000059510 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000060460 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 5.9E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.000060460 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000060460 – 0.000060380 – 0.000062430 – 0.000059510 – 0.000059000 – 0.000060620 — 48.484613965051 – 44.261322746417

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –