Buy LUNC/USDT – 4H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline up.

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

Caution: A possible reversal of the trend in the direction of the support zone at 0.000055050 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘RSI cross above 30’ indicator signal is detected. The indicator shows ‘RSI cross above 30’. which is often a bullish signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 0.000065040
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

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