The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000067870 will continue.
Caution: A possible change in the direction of the support zone at 0.000060700 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 6.568E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.000067870 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.000067940 |
| 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 – Triple bottom chart pattern