LUNC/USDT – 30M – SELL

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 7.0E-5 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 8.0E-5 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. which is a negative pattern 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

8.0E-5 – 8.0E-5 – 9.0E-5 – 7.0E-5 – 8.0E-5 – 8.0E-5 —
0.000078190 – 0.000078470 —
51.331243545471 – 53.394891130754 —
– —
8.0E-5 – 1778884200

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Down – – –