LUNC/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A continuation of the downtrend downwards to the next support line at 0.000060840 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.000063100 could occur.
Consider stop-loss settings accordingly.

Next a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a negative signal. The pair is likely to go down. 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).

0.000063100 – 0.000063720 – 0.000064450 – 0.000060840 – 0.000059560 – 0.000061250 — 54.30150665346 – 48.588637694525

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –