LUNC/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.000055560 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000061780 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

And also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.000059530 – 0.000059730 – 0.000061780 – 0.000055560 – 0.000057510 – 0.000055640

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