LUNC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.000058880 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.000059700 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.000059700 – 0.000060650 – 0.000060690 – 0.000058880 – 0.000058290 – 0.000057760 — 60.589228953461 – 58.095034812703

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – – –