LUNC/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish trend down to the next support at 0.000058100 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000062850 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.000062850 – 0.000062670 – 0.000062780 – 0.000058100 – 0.000058800 – 0.000059070

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