LUNC/USDT – 4H – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support level at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000044460 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Three Outside Down’ candlestick chart pattern is detected. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000044460 – 5.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 — 41.149332177532 – 37.666542352439 — 25.926465824425 – 14.629089731131 – 33.016412914372 – 24.420688910485

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