The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.000063720 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.000060630 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI cross above 20’ indicator signal is detected. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart signal. The pair is likely to go up.
There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 6.20052E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.000063720 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000065040 |
| 2nd High | 0.000064450 |
| Next High | 0.000063720 |
| Current Price | 0.000061950 |
| Next Low | 0.000060630 |
| 2nd Low | 0.000059510 |
| 3rd Low | 0.000058390 |
0.000063720 – 0.000063000 – 0.000064450 – 0.000061840 – 0.000061650 – 0.000061250 — 48.829484137315 – 52.485401336669
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up – –