The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.000059600 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.000057760 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000059970 |
| Next High | 0.000059600 |
| Current Price | 0.000059330 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000059600 – 0.000059370 – 0.000059970 – 0.000057760 – 0.000058280 – 0.000057260 — 56.052570602851 – 57.489735693511
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –