LUNC/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A descent down to the next support at 0.000058870 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000062690 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.000062690 – 0.000061830 – 0.000060980 – 0.000058870 – 0.000057760 – 0.000059760 — 33.533475404766 – 32.647718352462

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