LUNC/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A descent downwards to the next support level at 0.000062820 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000069150 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 6.30912E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000069150 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

0.000063870 – 0.000063650 – 0.000063850 – 0.000062820 – 0.000062660 – 0.000060780 — 59.442718925107 – 53.895972580255

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