LUNC/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A descending movement downwards to the next support level at 0.000062470 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000069280 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

And also a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. which is often a bearish signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 6.321664E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000069280 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000069280 – 0.000072460 – 0.000065400 – 0.000066850 – 0.000062470 – 0.000060800

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern –