LUNC/USDT – 4H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.

A descending movement downwards to the next support line at 0.000056610 is considered certain.

Caution: A possible change in the direction of resistance at 0.000064450 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000064450 – 0.000061500 – 0.000065040 – 0.000056610 – 0.000058760 – 0.000060700 — 51.563999495088 – 50.110557676762

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