Buy LUNC/USDT – 1H – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 0.000064170 is expected.

Caution: A possible trend reversal in the direction of support at 0.000058480 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000065040
2nd High 0.000064450
Next High 0.000064170
Current Price 0.000059290
Next Low 0.000058480
2nd Low 0.000057000
3rd Low 0.000056610

0.000064170 – 0.000059200 – 0.000063400 – 0.000058480 – 0.000061500 – 0.000057000 — 40.791931469557 – 42.422876457124

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