Buy LUNC/USDT – 4H – BUY

The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 0.000063460 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.000057460 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000064450
2nd High 0.000064170
Next High 0.000063460
Current Price 0.000058300
Next Low 0.000057460
2nd Low 0.000057300
3rd Low 0.000057000

0.000063460 – 0.000064170 – 0.000063400 – 0.000057460 – 0.000057300 – 0.000057000 — 40.440718872617 – 41.164620662089

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