LUNC/USDT – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support level at 0.000060840 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000063100 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 – –