The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.000062500 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000058910 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘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-Level.Continuation of the current ascending trend is considered certain. Current target is 5.993E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000062500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The 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 | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062500 |
| Current Price | 0.000060360 |
| Next Low | 0.000058910 |
| 2nd Low | 0.000058810 |
| 3rd Low | 0.000058780 |
0.000059930 – 0.000059820 – 0.000059800 – 0.000058910 – 0.000058810 – 0.000058780 — 65.947114952689 – 68.342704117047
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –