The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.000064200 is expected.
Caution: A possible change in the direction of the support line at 0.000062390 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candle chart pattern is existing. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000064200 |
| Current Price | 0.000064570 |
| Next Low | 0.000062390 |
| 2nd Low | 0.000061840 |
| 3rd Low | 0.000060770 |
0.000064200 – 0.000062990 – 0.000064110 – 0.000062390 – 0.000061840 – 0.000060770
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up