LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000061840 is considered certain.
Caution: A possible trend reversal in the direction of support at could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 6.184E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000061840 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000063920 |
| Next High | 0.000061840 |
| Current Price | 0.000061790 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000061840 – 0.000059780 – 0.000059850 – 0.000060410 – 0.000059920 – 0.000058100
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji