The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.000067870 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000060700 could be enabled.
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’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 6.568E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000067870 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern 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 | |
| 2nd High | 0.000072990 |
| Next High | 0.000067870 |
| Current Price | 0.000067940 |
| 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 – Rising Wedge Chart Pattern