The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.000063590 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.000058760 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069150 |
| 2nd High | 0.000063740 |
| Next High | 0.000063590 |
| Current Price | 0.000061400 |
| Next Low | 0.000058760 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000063590 – 0.000063740 – 0.000069150 – 0.000058760 – 0.000060720 – 0.000067360 — 39.665224768238 – 42.355502134853
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple top chart pattern –