LUNC/USDT – 1H – SELL

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

A bearish trend down to the next support at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 5.0E-5 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Bearish Engulfing’ candlestick pattern is found. The chart shows ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ heading down is 79%.

5.0E-5 – 4.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 3.0E-5 —
0.000045890 – 0.000043180 —
56.938586778232 – 43.081531418903 —
– —
5.0E-5 – 1772308800

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing – – –