LUNC/USDT – 1H – BUY

The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance at 0.000064050 is expected.

Caution: A possible change in the direction of the support level at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The 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).

0.000064050 – 0.000063850 – 0.000063590 – 0.000062660 – 0.000060570 – 0.000058760 — 54.331187693567 – 55.108564633648

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern –