LUNC/USDT – 4H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline up.
An ascending movement upwards to the next resistance at 0.000065040 is likely expected.
Caution: A possible change in the direction of the support level at 0.000055050 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. this is usually a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 | 0.000058670 |
| Next Low | 0.000055050 |
| 2nd Low | 0.000054120 |
| 3rd Low | 0.000049730 |
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 –