LUNC/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend down to the next support level at 0.000060630 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.000065040 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000061850 – 0.000059380 – 0.000059680 – 0.000060630 – 0.000058390 – 0.000056610 — 51.371326446921 – 43.857990625536

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