LUNC/USDT – 1H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at will continue.

Caution: A possible trend reversal in the direction of resistance at 4.0E-5 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000038930 – 0.000038670 —
52.855443146512 – 49.673997681222 —
– —
0.00004 – 1769029200

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – – –