LUNC/USDT – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A bearish trend down to the next support level at 0.000060780 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000063650 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000063650 – 0.000063850 – 0.000062780 – 0.000060780 – 0.000060570 – 0.000058760 — 50.542053366295 – 50.004376558856

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern –