The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.000059680 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000056610 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.
In addition a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair could go up.
In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062070 |
| 2nd High | 0.000061500 |
| Next High | 0.000059680 |
| Current Price | 0.000059310 |
| Next Low | 0.000056610 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000059680 – 0.000061500 – 0.000062070 – 0.000056610 – 0.000056760 – 0.000057260 — 62.811717566441 – 64.044942867311
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –