LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 0.000058340 will persist.
Caution: A possible change in the direction of the support line at 0.000055150 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 5.853E-5 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 0.000058340 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000058530 |
| 2nd High | 0.000058390 |
| Next High | 0.000058340 |
| Current Price | 0.000057940 |
| Next Low | 0.000055150 |
| 2nd Low | 0.000053540 |
| 3rd Low | 0.000051200 |
0.000058340 – 0.000057560 – 0.000058390 – 0.000055150 – 0.000056840 – 0.000056630
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji