LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.000063590 will persist.
Caution: A possible trend reversal in the direction of support at 0.000062370 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency 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 | 0.000065320 |
| 2nd High | 0.000063870 |
| Next High | 0.000063590 |
| Current Price | 0.000063830 |
| Next Low | 0.000062370 |
| 2nd Low | 0.000060800 |
| 3rd Low | 0.000060700 |
0.000063590 – 0.000063870 – 0.000063350 – 0.000062370 – 0.000060800 – 0.000060700
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern