LUNC/USDT – 30M – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.000054570 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000055610 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.000055610 – 0.000055760 – 0.000056590 – 0.000054570 – 0.000054120 – 0.000054520

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Three Black Crows – Double top chart pattern