The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000069280 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.000062800 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. 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 | 0.000072990 |
| 2nd High | 0.000072460 |
| Next High | 0.000069280 |
| Current Price | 0.000064670 |
| Next Low | 0.000062800 |
| 2nd Low | 0.000062660 |
| 3rd Low | 0.000060570 |
0.000064050 – 0.000063850 – 0.000063590 – 0.000062800 – 0.000062660 – 0.000060570 — 59.095539142289 – 61.935093867436
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom retreat down –