LUNC/USDT – 1H – SELL

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

A bearish movement down to the next support line at 0.000060770 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000065680 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000064200 – 0.000064110 – 0.000065680 – 0.000060770 – 0.000061800 – 0.000055570

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Two Crows – Double bottom chart pattern