LUNC/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

The bearish trend down to the next support level at 0.000062660 will continue.

Caution: A possible change in the direction of resistance at 0.000063850 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘On Neck’ candle pattern is detected. The chart shows ‘On Neck’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘On Neck’ heading down is 56% (Bull Market) & 58% (Bear Market).

0.000063850 – 0.000063590 – 0.000069280 – 0.000062660 – 0.000060570 – 0.000058760 — 52.854213443438 – 51.936732723561

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – On Neck – Rising Wedge Chart Pattern –