LUNC/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.000066000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 7.0E-5 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 6.6E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 7.0E-5 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

7.0E-5 – 7.0E-5 – 7.0E-5 – 0.000066000 – 7.0E-5 – 7.0E-5 —
0.000066830 – 0.000067500 —
23.932150241998 – 44.661665792838 —
0.000066000 – 1782084600 —
7.0E-5 – 1782052200

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Black Crows – – –