The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support at 0.000060840 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000063400 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which 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 chance of ‘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 | 0.000063400 |
| Current Price | 0.000058360 |
| Next Low | 0.000060840 |
| 2nd Low | 0.000059560 |
| 3rd Low | 0.000058390 |
0.000063400 – 0.000063100 – 0.000063720 – 0.000060840 – 0.000059560 – 0.000061250 — 26.10292220136 – 24.551990124165
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up – –