LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.000060060 will continue.
Caution: A possible change in the direction of the support line at 0.000059060 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062500 |
| 2nd High | 0.000061050 |
| Next High | 0.000060060 |
| Current Price | 0.000059980 |
| Next Low | 0.000059060 |
| 2nd Low | 0.000058600 |
| 3rd Low | 0.000057760 |
0.000059900 – 0.000059720 – 0.000060060 – 0.000059060 – 0.000058600 – 0.000057760 — 60.769212147767 – 61.491355074242
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up – –