LUNC/USDT – 1H – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.000060800 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.000063870 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000065680 |
| 2nd High | 0.000065320 |
| Next High | 0.000063870 |
| Current Price | 0.000062850 |
| Next Low | 0.000060800 |
| 2nd Low | 0.000060700 |
| 3rd Low | 0.000055570 |
0.000063870 – 0.000065320 – 0.000064200 – 0.000060800 – 0.000060700 – 0.000060770
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern