LUNC/USDT – 4H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.000067870 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.000060700 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000072990 |
| Next High | 0.000067870 |
| Current Price | 0.000066590 |
| Next Low | 0.000060700 |
| 2nd Low | 0.000055050 |
| 3rd Low | 0.000054120 |
0.000065320 – 0.000065680 – 0.000058750 – 0.000060700 – 0.000055050 – 0.000055440
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –