Buy LUNC/USDT – 4H – BUY

The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline up.

A continuation of the upward movement up to the next resistance level at 0.000065040 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.000058760 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Then a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency 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).

Support & Resistance Price Range*
3rd High 0.000072990
2nd High 0.000072460
Next High 0.000065040
Current Price 0.000061150
Next Low 0.000058760
2nd Low 0.000055050
3rd Low 0.000054120

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 47.310010262917 – 49.315830543341

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