LUNC/USDT – 1H – SELL

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

A bearish trend down to the next support level at 8.0E-5 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00011 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ” indicator layout is detected. The indicator is ”. this is usually a bearish signal. The pair is likely to go down.

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There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Last Engulfing Top’ candle pattern is discovered. The candles show ‘Last Engulfing Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.00011 – 0.0001 – 8.0E-5 – 8.0E-5 – 7.0E-5 – 7.0E-5 —
0.000101410 – 0.000118570 —
60.61963632177 – 79.145187964456 —
– —
0.00011 – 1777928400

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –