LUNC/USDT – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish movement downwards to the next support level at 0.000057760 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000060980 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 5.889752E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.000060980 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Inside Down’ candlestick chart pattern is detected. The candles show ‘Three Inside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.000060980 – 0.000062580 – 0.000061390 – 0.000057760 – 0.000059760 – 0.000060610 — 53.675715978754 – 47.611426692054

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern – –