LUNC/USDT – 30M – SELL

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

A descent down to the next support level at 0.000059060 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000060140 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000060140 – 0.000059900 – 0.000059830 – 0.000059060 – 0.000058600 – 0.000058900 — 64.627367389481 – 61.088978239715

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – Double bottom chart pattern – –