LUNC/USDT – 1H – SELL

The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support at 0.000060840 is certain.

Caution: A possible change in the direction of resistance at 0.000063100 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

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

0.000063100 – 0.000063720 – 0.000064450 – 0.000060840 – 0.000059560 – 0.000061250 — 37.677288965597 – 37.426245132693

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Southern Doji – Double top retreat up – –