LUNC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

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

A bearish movement down to the next support at 0.000058280 is expected.

Caution: A possible change in the direction of the resistance level at 0.000059370 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 5.8385E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.000059370 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black 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 probability of ‘Three Black Crows’ heading down is 82%.

0.000059370 – 0.000059310 – 0.000058990 – 0.000058280 – 0.000057260 – 0.000056800 — 54.144205269199 – 51.561793509132

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