LUNC/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000063590 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000063590 – 0.000063740 – 0.000069150 – 0.000058760 – 0.000060720 – 0.000067360 — 53.22759577052 – 51.591095558558

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – –