LUNC/USDT – 1H – SELL

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

A descent down to the next support at will persist.

Caution: A possible change in the direction of the resistance line at 4.0E-5 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘Shooting Star’ candle chart pattern is discovered. The chart shows ‘Shooting Star’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000036690 – 0.000038030 —
46.720087839612 – 59.132718063784 —
– —
0.00004 – 1769695200

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Shooting Star – – –