LUNC/USDT – 4H – SELL

Next a ‘Double top chart pattern’ chart pattern is detected. The chart picture shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A continuation of the downward movement down to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000065040 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘RSI cross above 30’ indicator layout is found. The indicator is ‘RSI cross above 30’. which is often a bearish chart signal. The currency pair is likely to fall.

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 47.982070414736 – 41.238507192217

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Double top chart pattern –