LUNC/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at is considered certain.

Caution: A possible change in the direction of the resistance line at 8.0E-5 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Two Crows’ candlestick pattern is detected. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

8.0E-5 – 8.0E-5 – 8.0E-5 – 8.0E-5 – 7.0E-5 – 8.0E-5 —
0.000078580 – 0.000077520 —
51.388690515217 – 50.587758020818 —
– —
8.0E-5 – 1779325200

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –