LUNC/USDT – 4H – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline upwards

A bullish ascent up to the next resistance level at 0.000065040 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.000055050 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 33.862768308063 – 39.901601571723

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