The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.000059260 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.000056400 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000059260 |
| Current Price | 0.000059490 |
| Next Low | 0.000056400 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000058950 – 0.000058690 – 0.000059260 – 0.000056400 – 0.000058080 – 0.000059810 — 67.655375153106 – 69.959607918196
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –