The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance line at 0.000063870 will continue.
Caution: A possible counter-trend in the direction of support at 0.000062660 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069280 |
| 2nd High | 0.000069150 |
| Next High | 0.000063870 |
| Current Price | 0.000063230 |
| Next Low | 0.000062660 |
| 2nd Low | 0.000060780 |
| 3rd Low | 0.000060570 |
0.000063870 – 0.000063650 – 0.000063850 – 0.000062660 – 0.000060780 – 0.000060570 — 46.978354547816 – 50.615414842828
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern –