The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.000062780 is expected.
Caution: A possible trend reversal in the direction of support at 0.000060410 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.000062780 |
| Current Price | 0.000061800 |
| Next Low | 0.000060410 |
| 2nd Low | 0.000059920 |
| 3rd Low | 0.000058100 |
0.000062780 – 0.000061840 – 0.000059780 – 0.000060410 – 0.000059920 – 0.000058100
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji