LUNC/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

The bearish trend down to the next support line at is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000062850 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘Three Inside Down’ chart pattern is discovered. The candles form ‘Three Inside Down’. this is a bearish pattern 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 ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.000062850 – 0.000062670 – 0.000062780 – 0.000058100 – 0.000058800 – 0.000059070

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Inside Down