The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.000062780 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000060780 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The currency 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 | 0.000063740 |
| 2nd High | 0.000063590 |
| Next High | 0.000062780 |
| Current Price | 0.000062790 |
| Next Low | 0.000060780 |
| 2nd Low | 0.000060570 |
| 3rd Low | 0.000058760 |
0.000062780 – 0.000063590 – 0.000063740 – 0.000060780 – 0.000060570 – 0.000058760 — 58.602110978791 – 62.875524110024
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern –