The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.000058220 will persist.
Caution: A possible counter-trend in the direction of support at is also possible.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
Then a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 6.028848E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000058220 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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 | 0.000061290 |
| 2nd High | 0.000059680 |
| Next High | 0.000058220 |
| Current Price | 0.000059310 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000058220 – 0.000057890 – 0.000059680 – 0.000057350 – 0.000056610 – 0.000056900 — 70.773283678761 – 72.389166584348
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –