LUNC/USDT – 4H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support at 2.0E-5 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.0E-5 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ going down is 82%.

4.0E-5 – 6.0E-5 – 6.0E-5 – 4.0E-5 – 4.0E-5 – 2.0E-5 — 29.640962492308 – 28.356931158209 — 34.20135841297 – 27.425745458517 – 31.784665020716 – 30.901195708287

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –