LUNC/USDT – 4H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A bearish descent down to the next support level at 0.000059000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000062690 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000062690 – 0.000062580 – 0.000060060 – 0.000059000 – 0.000057760 – 0.000059580 — 43.709331845735 – 42.271336541279

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –