LUNC/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards

A bearish trend downwards to the next support level at 0.000058910 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000060950 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

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

Furthermore a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000060950 – 0.000060800 – 0.000059930 – 0.000059930 – 0.000058910 – 0.000058810 — 45.502935096241 – 45.739792268057

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –