LUNC/USDT – 30M – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.

A bullish trend up to the next resistance line at 0.000059820 is likely expected.

Caution: A possible counter-trend in the direction of support at 0.000058780 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 5.982E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000059820 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick pattern is found. 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000059820 – 0.000059800 – 0.000058950 – 0.000058780 – 0.000056400 – 0.000058080 — 59.26487712021 – 63.366923121912

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –