LUNC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A descent downwards to the next support at will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.000064140 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘RSI cross above 70’ indicator signal is found. The indicator is ‘RSI cross above 70’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 6.1825E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000064140 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Matching Low’ candlestick pattern is found. The chart forms ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000064140 – 0.000062540 – 0.000061850 – 0.000062680 – 0.000060630 – 0.000060770 — 37.912181237961 – 37.365338963249

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