LUNC/USDT – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A bearish descent downwards to the next support at 0.000061250 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.000063720 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

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

Additionally a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000063720 – 0.000064450 – 0.000061850 – 0.000061250 – 0.000060630 – 0.000058390 — 43.232594673677 – 39.551450854419

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –