LUNC/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 0.000061600 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000062700 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

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

0.000062700 – 0.000062660 – 0.000063100 – 0.000061600 – 0.000060840 – 0.000059560 — 56.983273079587 – 52.292475722708

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Triple bottom chart pattern – –