LUNC/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish descent down to the next support level at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000057270 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Matching Low’ candlestick pattern is detected. The chart shows ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000057270 – 0.000056370 – 0.000058450 – 0.000055060 – 0.000054880 – 0.000051880

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Matching Low