LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support at is expected.

Caution: A possible counter-trend in the direction of resistance at 4.0E-5 could happen.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Last Engulfing Top’ candlestick chart pattern is existing. The chart forms ‘Last Engulfing Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000036550 – 0.000036590 —
49.036195758587 – 51.691566429678 —
– —
0.00004 – 1769695200

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Last Engulfing Top – – –