LUNC/USDT – 1H – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 0.000063100 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.000060840 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064450 |
| 2nd High | 0.000063720 |
| Next High | 0.000063100 |
| Current Price | 0.000062880 |
| Next Low | 0.000060840 |
| 2nd Low | 0.000059560 |
| 3rd Low | 0.000058390 |
0.000063100 – 0.000063720 – 0.000064450 – 0.000060840 – 0.000059560 – 0.000061250 — 58.26082954182 – 60.41249383503
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –