LUNC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A descent downwards to the next support at 0.000058900 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000059720 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ candlestick pattern is existing. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000059720 – 0.000059400 – 0.000060060 – 0.000058900 – 0.000058500 – 0.000057760 — 48.388039381577 – 47.764835155561

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –