LUNC/USDT – 1H – SELL

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

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

Caution: A possible counter-trend in the direction of resistance at 0.000060440 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Matching Low’ candle chart pattern is found. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000060440 – 0.000060470 – 0.000064170 – 0.000057500 – 0.000057300 – 0.000057610 — 46.349929314797 – 45.711447457165

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – – –