LUNC/USDT – 4H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards

A bearish trend down to the next support level at 0.000057000 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000063460 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 5.7E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000063460 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. 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).

0.000063460 – 0.000064170 – 0.000063400 – 0.000057460 – 0.000057300 – 0.000057000 — 34.57184702052 – 32.660303078644

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